TRID – A Year In Review
October 6, 2016
Just one year ago, the CFPB’s monumental regulation change – Know Before You Owe, or TRID (the TILA-RESPA Integrated Disclosure rule), went into effect and
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FHA Updates Single Family Housing Policy Handbook 4000.1
October 6, 2016
FHA updated the Single Family Housing Policy Handbook 4000.1 (Update). The Update contains technical changes for consistency and clarity, and adds several policy updates. The
VA Issues Circular 26-16-28: Single-Family Home Sustainability Initiative
October 6, 2016
VA issued Circular 26-16-28 defining VA’s support for the Single-Family Home Sustainability Initiative. This Circular introduces voluntary above-code wind hazard resilience standards, an above-code water
CFPB Issues Guidance Concerning Use of the Newly Redesigned Uniform Residential Loan Application for ECOA/Regulation B Purposes
September 29, 2016
The CFPB issued guidance concerning the use of the newly redesigned Uniform Residential Loan Application (URLA) for purposes of the Equal Credit Opportunity Act (ECOA)
Ohio Establishes D.O.L.L.A.R. Deed Program for Borrowers in Default
September 29, 2016
Ohio passed a bill establishing the D.O.L.L.A.R. deed program (Program). The Program provides borrowers in default the opportunity to stay in their home following a
Ohio Amends Foreclosure Procedures and Establishes Expedited Judgment and Sale Procedure for Abandoned Residential Property
September 29, 2016
Ohio passed a bill amending the state’s foreclosure procedures. Under the bill, a foreclosing lender or servicer may elect to have foreclosed property sold by
Analysis of Production Audit Findings
September 29, 2016
To identify frequently occurring mortgage Quality Control audit exceptions, TENA analyzed the findings from thousands of QC audits it completed during the second quarter of
Analysis of Servicing Audit Findings
September 29, 2016
An analysis of Mortgage Servicing QC Audits performed by TENA during the second calendar quarter of 2016 identified numerous audit issues that were repetitive in
Fannie Mae and Freddie Mac Publish Support Documents for Upcoming Redesigned Uniform Residential Loan Application
September 22, 2016
Fannie Mae and Freddie Mac published supporting documents for the upcoming redesigned Uniform Residential Loan Application (URLA). The new support documents include a Dynamic URLA,
Freddie Mac Establishes New Principal Reduction Modification Form (Form 1205-PR: Post Settlement Correction Request for the Principal Reduction Modification)
September 22, 2016
Freddie Mac issued Guide Bulletin 2016-18 establishing a new form to facilitate the processing of a Principal Reduction Modification. The new form is Form 1205-PR:
