Author name: Ricky Vasquez

Richard Horn attorney

CFPB eyes TRID changes that could reshape closing disclosures

The Consumer Financial Protection Bureau put out a Request for Information for possible revisions to the TILA/RESPA Integrated Disclosures, with the comment period ending Aug. 10. Processing Content This request is in line with Pres. Trump’s March 13 executive order, “Promoting Access to Mortgage Credit,” the Federal Register posting said. The RFI has 22 questions, […]

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Shant Banosian

Rate touts defection of 14 LOs from New American Funding

Rate is promoting the defection of over a dozen loan officers from New American Funding, who bring “nine figures” in production volume from the rival over to the Chicago lender, the company said. Processing Content The lending giant announced 14 new LOs coming from the retail competitor, including some originators who previously worked at Rate.

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