Issue: Rules – March 10, 2020

What Was Added? What Was Changed on Mortgage Currentcy This Month?

In each Rules Issue, we post “What was Added and What Was Changed!”  This helps our subscribers stay up to date on all of the additions to the site as well as changes to our charts, checklist, and MTPs that are changed each month, due to guideline updates. What Was Added This Month! Mortgage Currentcy […]

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CFPB FAQ for TILA-RESPA Disclosures (TRID) – Dated February 26, 2020

Written by: Lloyd Rutherford, Staff Writer The rules of disclosure can be very tricky.  This recent update of FAQs addresses some of the issues lenders have struggled with and is a must read for anyone originating or creating disclosures. Rule Synopsis: The Consumer Financial Protection Bureau issues an FAQ document for the industry that covers […]

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Freddie Mac News – True Lies – No One Benefits from Falsified Benefits

Written by: Lloyd Rutherford, Staff Writer When agencies uncover fraud by a few, it makes it tough on the rest of us because there are more guidelines, further scrutiny, and what may seem like nonsensical requests of our clients. Rule Synopsis: Freddie Mac issued their fifth edition of “True Lies”, which focuses on uncovering and […]

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