Posts Authored by Maureen C. Flahive

Mortgage lenders: The “black hole” has closed

In astronomy, there can be no escape from a black hole. In the world of residential mortgage lending, the CFPB has charted a new course, finally creating an escape from one of TILA/RESPA’s most impracticable rules. On April 26, 2018, the CFPB finalized amendments to “TRID”, its “Know Before You Owe” mortgage disclosure rule.  

Read more >>

Consumer Lending and Services