Most Popular Lending Content
Documentation and loan participations
09/08/2024
Why do some financial institutions struggle to manage documentation for loan participations?
Discontinuing USDA and FHA lending
09/08/2024
In considering discontinuing offering USDA Guaranteed and FHA loan programs, what compliance concerns/issues should we be aware of?
Related entity tracking
09/01/2024
What is related entity tracking?
Data fields for related entities tracking
09/01/2024
Which data fields are important for tracking related entities?
Recording Fees on the TRID Closing Disclosure
08/25/2024
I have discovered that the Other Costs section of our Closing Disclosure does not list the mortgage release fee of $27 in the details, but it is included in the total amount of Taxes and Other Government Fees. I was told that it can be seen in nCompass, but doesn't pull over to the Closing Disclosure. Is the description of each fee required to be listed under the Other Costs section of the Closing Disclosure?