Fannie Mae & Freddie Mac – Uniform Residential Loan Application (URLA) / Uniform Loan Application Dataset (ULAD) FAQs – Updated February 26, 2019

Written By: Lloyd Rutherford, Staff Writer It’s just around the corner!  Soon we’ll all be using the new loan application.  Read through this update for additional FAQs published by Fannie Mae and Freddie Mac. Rule Synopsis: Fannie Mae and Freddie Mac published an updated FAQ document for the new “Uniform Residential Loan Application” that is [...]

2019-03-10T14:16:48-05:00March 10th, 2019|

CFPB – TRID [TILA-RESPA Integrated Disclosure] FAQ Released January 25, 2019

Written By: Tammy Butler, Master CMB Hooray!  More clarity on TRID!  Anytime we don’t have to guess what to do regarding disclosures, is a happy day.  Read this quick FAQ to learn more. Rule Synopsis: On October 3, 2015 [yes, 3.5 years ago] TRID [TILA-RESPA Integrated Disclosure] changed the way that mortgage lenders disclose loans.  With [...]

2019-02-15T16:00:37-05:00February 10th, 2019|

FHA – FAQ Website Transitions to New Platform, FHA INFO 18-24, June 5, 2018-Effective Immediately [New Reference – Searching The FHA FAQ Database]

By: Tracey Rumsey, Staff Writer FHA maintains a database of frequently asked questions, which has saved many deals or added clarity to loan scenarios.  This article is a must-read for FHA lenders as FHA has changed how you access this valuable tool. Rule Synopsis: FHA Maintains a frequently asked questions database to assist lenders in [...]

2018-06-11T10:44:43-05:00June 8th, 2018|