When time and trust are on the line, “good enough” doesn’t cut it. Members expect faster answers. Examiners expect stronger controls. And your team needs a way to deliver—without burning out or falling behind. For too many credit unions, the real friction isn’t people. It’s the process. Manual TRID reviews. Rework on doc packages. Audit […]
By Jonas Hoerler, Chief Regulatory Counsel, RegCheck & Diane Jenkins, Partner, Sandler Law Group Part One of this series discussed the role of states in filling the gap left by the current administration pulling back the role of the CFPB. Part Two will discuss how the courts and the mortgage industry itself may respond to […]
By Jonas Hoerler, Chief Regulatory Counsel, RegCheck & Diane Jenkins, Partner, Sandler Law Group For mortgage lenders and servicers as well as other players in the consumer financial services industry, it may truly be the end of an era. Since its inception, the Consumer Financial Protection Bureau (“CFPB”) has been a guiding force to the […]
The Challenge: Speed, Compliance, and Cost Efficiency In today’s mortgage market, lenders must close loans quickly, ensure compliance, and minimize costs while maintaining confidence in loan salability. The challenge? Traditional and often manual processes introduce errors, delays, compliance risks, and inefficiencies that can drive up expenses and jeopardize secondary market execution. With the combined capabilities […]
Higher housing costs and interest rates are driving more and more consumers to the housing rental market. For investors looking to profit from the growing demand for rental housing, one of the best options for purchasing a rental property is a Debt Service Coverage Ratio or “DSCR” loan. Demand for DSCR loans has surged as […]
By Diane Jenkins, Attorney and Director of Legal, Asurity The determination of a home’s value is a critical step in the mortgage process as it determines how much a lender is willing to extend to a borrower and on what terms. In general, the valuation is done through an appraisal which is intended to be an […]
Washington, DC (July 9, 2024) – Asurity Mortgage Group, Inc. a subsidiary of Asurity Technologies, LLC (together “Asurity”), an innovator in the design and development of mortgage lending compliance software, is pleased to announce the integration of its Propel™ and RegCheck® solutions with Wilqo™’s ground-breaking Production Optimization Platform (POP), “Charlie.” The integration combines the industry’s […]
The higher interest rate environment has given rise to a renewed interest in the use of temporary buydowns to help borrowers lower their initial monthly mortgage payments. A temporary buydown allows a lender, seller, builder or other third party to deposit funds which will subsidize the borrower’s mortgage payments for a predetermined period of time, […]
It’s no secret that mortgage lenders have seen a sharp decrease in origination volumes over the past two years. Higher interest rates coupled with a shortage in housing inventory translate into a market environment where origination volumes are likely to remain depressed for the near future. The mortgage industry must explore different avenues for […]
Washington, DC (August 17, 2023) – Asurity Technologies, LLC (“Asurity”), a leader in the design and development of consumer lending compliance software, is pleased to announce the integration of its cutting-edge mortgage document generation platform - Propel™ - with NotaryCam®, an industry leader in remote online notarization (RON) services and eClosing technology. As a result […]
