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

Notice of Proposed Policy Statement Regarding Disclosure of Consumer Complaint Narrative Data in CFPB’s Consumer Complaint Database

Published on Wednesday, July 23, 2014 in Client and Friends Memo
In today’s Federal Register (79 FR 42765) the CFPB published a proposed policy statement requesting public comment regarding adding consumer complaint narrative data to its consumer complaint database.  As stated in the proposed policy statement, the CFPB currently discloses certain complaint data it receives regarding consumer financial products and services through its web-based database (“Consumer Complaint Database”) that is available to the public. The CFPB proposes to expand that disclosure to include unstructured consumer complaint narrative data. Only those narratives for which consumer consent has been obtained and personal information scrubbing standard and methodology applied would be subject to disclosure. The proposed policy would supplement the CFPB’s existing policy statements establishing and expanding the Consumer Complaint Database.

Mortgage Credit Certificate Program

Published on Friday, July 11, 2014 in Client and Friends Memo
In the July 11, 2014 Texas Register  (Volume 39, Number 28) the Texas Department of Housing and Community Affairs posted the following notice informing the public and all interested mortgage lenders about a new Mortgage Credit Certificate Program. The full text of the notice is reprinted below:

Ability-to-Repay Interpretive Rule Issued by CFPB – Loan Assumption

Published on Friday, July 11, 2014 in Client and Friends Memo
On July 8, 2014, the CFPB issued an interpretive rule (click here) clarifying that when a person (“successor”) who has previously acquired title to the successor’s principal dwelling subsequently agrees to be added as obligor or substituted for the existing obligor on a consumer credit transaction secured by that dwelling (“loan”), the creditor’s written acknowledgement of the successor as obligor is not subject to the Ability-to-Repay Rule (ATR Rule) in §1026.43 of Regulation Z because that transaction is not an assumption as defined by §1026.20(b) of Regulation Z. 
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