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TRID Changed Circumstances
By Jerod Moyer
| Mar 14, 2024
When it comes to determining whether you have a changed circumstance, it comes down to what you...
Electronic Fund Transfers: Unauthorized Transactions
By Jerod Moyer
| Mar 13, 2024
Section 1005.2(m) defines an unauthorized electronic funds transfer as:
TRID: Split Buydowns
By Jerod Moyer
| Mar 13, 2024
Completing the Closing Disclosure can sometimes be a challenge, especially when the Regulation does...
TRID: Understanding Unlimited Tolerances
By Jerod Moyer
| Mar 08, 2024
When it comes to TRID, an estimated closing cost is generally considered to be “in good faith” if...
TRID: Revising the Loan Estimate
By Jerod Moyer
| Feb 20, 2024
When a valid changed circumstance occurs, it may cause the regulatory tolerances to be exceeded....
Regulation E: Consumers Only
By Jerod Moyer
| Feb 15, 2024
Section 1005.3(a) of Regulation E lays out what’s covered by the Rule. It specifies that Subpart A...
“Absorbing” Loan Costs on the Closing Disclosure
By Jerod Moyer
| Feb 15, 2024
Lenders sometimes negotiate certain fees with respect to a mortgage loan application. For example,...
The Importance of Compliant Loan Estimates
By Jerod Moyer
| Feb 15, 2024
A “Loan Estimate” is exactly what it sounds like. It’s an estimate of loan costs and other...
Escrow Account Short-Year Statements
By Jerod Moyer
| Feb 09, 2024
Escrow accounts are based on a 12-month period referred to as the escrow account computation year....