The three major credit bureaus, and one forward-thinking debt collector, are making changes that could allow millions of people to get loans they’ve unfairly been denied. Equifax, Experian and TransUnion plan to remove civil lawsuit judgments — where a creditor has...
While there are reports that the TILA-RESPA Integrated Disclosures (TRID) are making it longer to close mortgages, there may be a larger problem growing with investors on the secondary market refusing to purchase loans because of potential compliance issues. In...
The ALTA Short Form Residential Loan Policy has become popular in many states, and its numerous advantages have made this policy the preferred form for many lenders. WHAT EXACTLY IS THE 2006 ALTA SHORT FORM RESIDENTIAL LOAN POLICY? The Short Form Policy is a...