12/28/2015

Dear Members, Confusion resulted from last week’s email about the policy surcharge and how to disclose it properly on the Closing Disclosure. I have included the FAQ’s below with an updated (and clearer) response.

12/15/2015

Dear Members, There are several questions that keep popping up through the Help Desk and the CFPB Hotline. Therefore, I thought it would be helpful if I shared a couple of them with you this week, along with the answers (of course!).

12/07/2015

Based on what I am hearing about your TRID closing experiences, you all qualify for the championship round of “Survivor.” The questions and comments that we are getting at the Help Desk and through the CFPB Hotline indicate that there is precious little consistency in lender practices. Kudos to you and your staff for hanging in there and getting the deal closed despite the confusion.