Mortgage Document Prep

Mortgage Document Prep
Having fulfilled in excess of 800,000 residential mortgage loan packages since our inception in 1997, more than 250 financial institutions, federal and state chartered banks, mortgage bankers, brokers and credit unions rely on our expertise for quick, accurate, and compliant residential mortgage closing documents throughout all 50 United States and the District of Columbia.

Loan Fulfillment Services

Loan Fulfillment Services
Rely on our online loan fulfillment services so you can focus on growing your own business instead of detailed and expensive back office operations. We take care of clearing all pre-closing, closing and funding conditions, preparing loan documents to client’s specifications, HUD-1 review and approval, ordering the wire, funding, monitoring trailing documents, clearing stipulations and deficiencies, and shipping and stacking the closed loan package.

Mortgage Law Compliance

Mortgage Law Compliance
With over 200 years of combined legal experience, our attorneys formerly served as executives at large mortgage companies, former general counsel to large lending institutions, judicial clerks, and have even aided in the drafting of instrumental legislation affecting mortgage law. Our attorneys are leaders in the field of mortgage law and regularly teach mortgage professionals about changes affecting the mortgage industry.

Recently Published News Articles

CFPB Corrects Typographical Error in Supplementary Information to TRID Rule Regarding Application of Tolerances to Certain Fees and Charge

Published on Thursday, February 11, 2016 in Client and Friends Memo

In the February 10, 2016, issue of the Federal Register (81 FR 7032, click here), the CFPB corrected a typographical error in the Supplementary Information to the TILA-RESPA Final Rule published in the December 31, 2013, issue of the Federal Register (78 FR 79730) regarding the applicability of TRID tolerances to property insurance premiums, property taxes, homeowner’s association dues, condominium fees, and cooperative fees under Section 1026.19(e)(3)(iii) of Regulation Z. On page 79830, in the first column, lines 44 through 50, the Supplementary Information to the TILA-RESPA Final Rule in the December 31, 2013, issue of the Federal Register incorrectly states: The final rule also mirrors current Regulation X in that property insurance premiums, property taxes, homeowner’s association dues, condominium fees, and cooperative fees are subject to tolerances whether or not they are placed into an escrow, impound, reserve, or similar account.” (Emphasis added.)

CFPB’s Compliance Bulletin to Furnishers of Consumer Information Regarding Duties Under FCRA and Regulation V

Published on Thursday, February 04, 2016 in Client and Friends Memo

On February 3, 2016, the CFPB issued Compliance Bulletin 2016-01 (click here), published in the February 4, 2016 issue of the Federal Register (81 FR 5992, click here). This bulletin reminded furnishers of their duties concerning the accuracy and integrity of consumer information reported to consumer reporting agencies. In particular, the CFPB highlighted Section 1022.42 of Regulation V (12 C.F.R. § 1022.42), which details furnisher responsibilities:

CFPB Request for Information Regarding HMDA Resubmission Guidelines

Published on Tuesday, January 12, 2016 in Client and Friends Memo
As you are aware the recent amendments to Regulation C (October 28, 2015, Federal Register, 80 FR 66128, click here), which implements HMDA, become effective in stages starting in 2017, with most of the amendments becoming effective in 2018 for reporting in 2019. However, the CFPB Resubmission Guidelines (click here), which describe when HMDA data should be corrected and resubmitted, have not been amended to reflect HMDA data that will be submitted under the Regulation C amendments. In order to rectify this, the CFPB published in the January 12, 2015, Federal Register (81 FR 1405, click here) a Notice requesting information on what changes to the Resubmission Guidelines may be needed.
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