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CFPB in final round of testing of the new Mortgage Disclosure form.
Check out the two versions - one when applying for a loan, and the other at closing. They are looking for feedback - now is your chance.
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Jan-Feb ProClose Newsletter is here!
Read the latest compliance and investor news.
Follow MBSProClose on Mortgage Technology Document Compliance News &...
Most Popular Discussions
Continued Plans to wind down Fannie Mae and Freddie Mac
As the Obama Administration's plans continue to wind down the GSE's, what are your biggest concerns? What steps are you taking to ...
treasury.gov treasury.gov

CFPB New Combined TIL and HUD-1 samples in testing.
Have you seen the Butternut and Hemlock designs currently being tested in PA?
Know Before You Owe – Consumer Financial Protection Bureau consumerfinance.gov

USDA introduces new Pilot Program: Single Family Guaranteed Loan Rural Refinance
Designed to assist Section 502 borrowers, for both direct and guaranteed loans, to refinance faster and easier. No need to new credit ...
rurdev.usda.gov rurdev.usda.gov

Home Affordable Refinance Program (HARP)
Changes were announced to HARP today hoping to attact more eligible borrowers.
fhfa.gov fhfa.gov

To oversee or not to oversee...
The Fed Res. Board of Govs wants a decision about the definition of which NON FINANCIAL companies should be included in OVERSIGHT by ...
FRB: Press Release-- Federal Reserve issues proposals related to... federalreserve.gov
The Federal Reserve Board of Governors in Washington DC.

MBS ProClose is now an open group
I am pleased to announce that, as the owner of this group, I have just switched us to an open discussion group. All future discussions ...

FRB: Press Release-- Federal Reserve does not plan to proceed with... federalreserve.gov
The Federal Reserve Board of Governors in Washington DC.

See our helpful TIL Release guide.
Includes several sample loan scenarios!
Proclose - News proclose.com

House Bill Regarding Fannie Mae and Freddie Mac
Republican Jeb Hensarling from Texas introduced a bill to wind down or privatize Fannie Mae and Freddie Mac.

Determining Borrower's Ability to Repay a Mortgage
Fed requests comment on changes under Reg Z pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act.
FRB: Press Release--Federal Reserve proposes rule under Regulation Z... federalreserve.gov
The Federal Reserve Board of Governors in Washington DC.

Proposed Combined TIL and GFE.
Two versions were posted by The Consumer Financial Protection Bureau. You can see them and provide feedback today!
Consumer Financial Protection Bureau consumerfinance.gov

ProClose May-June 2011 Newsletter
Read details about Dodd-Frank items effective July, 21, 2011. Learn about the New Harmony Loan!
ProClose - May - June 2011 - E-Newsletter proclose.com

ProClose - July - August 2011 - E-Newsletter proclose.com
”Challenges are what make life interesting; overcoming them is what makes life meaningful. ”Joshua J....
