Blog

Changing to QM was like changing cars, but TRID is like building new roads. Bruce Schultz There is no TRID grace period despite headlines. Rod Alba

Congratulations to Carl Pry of Treliant Risk Advisors for winning the ABA’s 2015 Distinguished Service Award. Carl is a very worthwhile recipient.

This year’s ABA Regulatory Compliance Conference (ABA RCC) has more than 40 sessions from which attendees can create a curriculum. Every year the sessions contain several interesting sounding options – this year is no exception. Here are a few of my favorites. High Risk Customers Love ‘Em or leave ‘Em It’s My Third Party, I Can Cry If I Want To… Next Gen Marketing: Bunnies, Boarders, Bathroom Breaks, and Banks? Mortgage Compliance: Why Do I

The American Bankers Association’s 29th annual Regulatory Compliance Conference opens today at the Washington Marriott Wardman Park in Washington, D.C. Over 1,700 bankers are expected to attend and choose from more than 40 sessions, presented by more than 140 presenters, covering all aspects of consumer financial regulatory compliance. Over 60 vendors are on site to display their wares. Watch for further details. We will be posting reports from Washington until adjournment at 12:15 p.m. on

During a May 12 speech at the National Association of Realtors conference in Washington, D.C. CFPB Director Richard Cordray took the time to dismiss some misconceptions regarding the TRID Truth in Lending Act/Real Estate Settlement Procedures Act Integrated Disclosures and he created a few misconceptions in the process. Director Cordray said the requirement to provide the new Closing Disclosure three business days before closing “should not interfere with a successful closing, as some have claimed.