RESPA Reform: GFE Page Two
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 The previous article in this series examined the first page of the Good Faith
Estimate. It discussed new loan term disclosures that have been added to the
GFE for the changes that are effective on January 1, 2010. This article will
discuss page two of the new GFE. Page two of the new GFE is designed to
disclose the origination and settlement charges to the borrower. READ MORE
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Fast Food and Compliance
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It makes sense to say that automation is one of the keys to compliance in
mortgage lending, right? No matter what else is being said. No one is out there
arguing that less technology is better.
But 'automation' is one of those words
that means different things to different people, and it's important that
mortgage lenders understand the term in its broadest sense, especially when it
comes to compliance. So, of course, we look to the world of fast food. READ MORE |
DocuTech and Blueberry Systems Integrate
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DocuTech, a provider of mortgage compliance services and documentation
technology, and loan software provider Blueberry Systems (Greenwood Village,
Colo.) have integrated DocuTech's Web-based document compliance system,
ConformX™ with Blueberry Systems' RELAY™ loan origination software (LOS). The
integration adds complete document and disclosure compliance within RELAY's
workflow, keeping all loan data in one system and eliminating redundant data
entry. READ MORE
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