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The First of July
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The Fourth of July is a day that everyone looks forward to and is often referred to as the "Great American Holiday." For those in the compliance business it is a time to celebrate our independence or survival from the First of July.
The First of July is definitely not a nationally recognized holiday, nor is it a day compliance professionals enjoy, as it is commonly a day when regulatory changes passed by state legislatures become effective. This year we saw several changes become effective on the First of July. READ MORE |
Use Our PredProtect Check Free For 60 Days!
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DocuTech is excited to announce a special opportunity for new customers to use our premium High-Cost and Predatory Loan Check for FREE during a 60-day period! Save Time and Money Let's face it: time is money. With PredProtect, lenders can satisfy legal and investor requirements without slowing down your processes. Accurate results are generated in seconds, saving valuable processing time and greatly reducing the chances of costly loan repurchases and the need for borrower reimbursements. READ MORE
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| Avoiding Financial
Disasters With Net Tangible Benefit Disclosures
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After Hurricane Katrina devastated part of Louisiana, killing hundreds of people and leaving thousands homeless, federal and state governments and many other groups and entities started working together to clean, rebuild and take necessary precautions to prevent another disaster.
Just like the plight in Louisiana, the national mortgage crisis was fatal for hundreds of lending companies, left thousands of people without jobs, hundreds of thousands without homes and the numbers continue to grow. As a result, a "reconstruction" of the lending process was necessary. READ MORE |