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

Department of the Treasury Introduces Regulations Defining Terms Describing Marital Status Under the Internal Revenue Code

Published on Thursday, September 08, 2016 in Client and Friends Memo

In the September 2, 2016 issue of the Federal Register (81 FR 60609) (click here), the United States Department of the Treasury (“Department”) announced the implementation of final regulations, effective September 2, 2016, defining terms in the Internal Revenue Code that describe the marital status of taxpayers for federal tax purposes. These regulations reflect the United States Supreme Court’s holdings in Obergefell v. Hodges, 135 S. Ct. 2584 (2015) (click here) and United States v. Windsor, 133 S. Ct. 2675 (2013) (click here) as well as the Department’s Revenue Ruling 2013-17 (click here). The language of these definitions is gender neutral and designed to apply equally to same-sex and opposite-sex couples. The Department’s objective was to clarify, for federal tax purposes, the federal law espoused in Obergefell and Windsor.

TRID Rule Proposed Amendments Published in Federal Register

Published on Monday, August 15, 2016 in Client and Friends Memo

In today’s Federal Register (81 FR 54318, click here) the CFPB published the proposed amendments to the integrated mortgage disclosure rules that became effective on October 3, 2015 (TRID Rule), which would:

·        Memorialize past informal guidance. Memorialize certain past informal guidance issued through webinar, compliance guide, or otherwise.

·        Create tolerances for the total of payments. Establish express tolerances for the total of payments to parallel the existing provisions regarding the tolerances for accuracy in calculating the finance charge and disclosures affected by the finance charge.

CFPB PROPOSED AMENDMENTS TO TRID RULES

Published on Monday, August 15, 2016 in Client and Friends Memo

On July 29, 2016, the CFPB published proposed amendments to the TRID Rules on its website and on August 15, 2016, the CFPB also published the proposed amendments in the Federal Register (81 FR 54318). For ease of reference, the proposed amendments along with the existing text deleted and the existing text not deleted are reproduced below in the following manner: proposed amendments;[existing text deleted]; and, existing text not deleted.

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