Banker's Compliance Consulting Blog

TRID Tolerances & Cures

One of the key components of the TRID Rule is the concept of tolerances. Essentially, you will be...

Closing Disclosures & Third Parties

When it comes to the Closing Disclosure (CD), things can get a little confusing when third parties...

Section 1071 Firewall

The Section 1071 Rule requires financial institutions to implement and maintain a “firewall” that...

Regulation E Error Resolutions: Filter and Funnel

Every institution has their Regulation E error resolution rocket scientists. These people know...

TRID Loan Estimate: Other Costs

It can be easy to tend to focus on those services required by the lender when completing the Loan...

TRID Changed Circumstances

When it comes to changed circumstances for TRID, it ultimately comes down to what did you know and...

Absorbed Costs on the Closing Disclosure

When it comes to itemizing charges on the Loan Estimate (LE), TRID states that charges “absorbed”...

TRID Loan Estimate: Unlimited Tolerance Fees

The fees disclosed on the Loan Estimate are subject to certain tolerances. In other words, the fees...

Regulation E: Authorized vs. Unauthorized EFTs

Regulation E does not define or address what constitutes “fraud”. Rather, it

Voluntary Escrow Accounts

1024.17 of RESPA outlines the rules institutions must follow when establishing and administering...