Improving Mortgage Industry Cyber Security Through Secure Communications

Improving Mortgage Industry Cyber Security

Cyber Crime, including phishing and hacking are nothing new, but in recent years, the amount of Cyber Crime specifically targeting real estate transactions has skyrocketed. In May 2015, the National Association of Realtors (NAR) issued an alert to its members warning of variations on a fraud scheme in which hackers…

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Proposed Changes To TRID Aim To Make Implementation Simpler

trid-article

When the TILA-RESPA Integrated Disclosure Rule (TRID, a.k.a. the Know Before You Owe mortgage rule), went into effect in October of 2015, its intent was to create an environment of informed consumers and to prevent buyers from biting off more than they could chew in the real estate market. The…

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3 Rules to Follow When Making the Right Software Selection for Your Practice

Making the Right Software Selection for Your Practice

Making a decision on software to help run your family law and real estate closing practice is an important decision that will have an effect on your process. When making an educated comparison on which software best fits your needs, it’s key to analyze certain factors that can help you…

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Is panic over TRID rule justified?

Depending on what one reads and believes regarding the implementation of the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures rule in October, the rule is either no big deal or a really big deal. When the ‘Know Before You Owe’ mortgage disclosure rule took effect couple of months ago, many…

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