SOC2 and ALTA Best Practices Audit insight for the small/medium agent
For the past two years our company has been focusing on being ready for the August , 2015 implementation date. Well, now we are 5 days away and just last week the powers that be decided to push back implementation date, and made the Oct 3 date official... IMAO the delay... read more
A call for TRID Operational advice—Bridging the Gap!
We got the official announcement that TRID implementation is October 3, 2015. Today we had a conference call with an industry partner and they asked me what seemed was an innocuous question, however I really think this could be a great forum for all of the my lender/com... read more
You say you are compliant:..I Call Bull Sh**t !!
Compliance Today and yesterday.... In the past you could simply raise your habd and say.... " I am compliant"... Today its not so easy... you have to have the policies, adopt them, implement them and then prove to a third party, that they work, and that you are followin... read more
Coming Up On “T-100 Days”
The rumor mill has been churning in the Closing Industry....Four weeks ago, a leader within the CFPB made comments that there could be delay in implementation of the TILA RESPA reform. Since that time, I have had the opportunity to speak with more than a handful of folk... read more
SOC2 SSAE 16 Compliant- One Step At A Time
April 8, 2015- Brady & Kosofsky, PA., becomes one of the first real estate closing law firms in North Carolina to achieve SOC2 SSAE 16 Type 1 Audit Certification. What does that mean? To be honest, I am sure it means something different to everyone ... read more
Current Fraud Schemes Targeting Residential Real Estate Transactions
Over the past year Brady & Kosofsky has implemented cutting edge security hardware and software to meet the requirements of protecting our clients' non public private information. In addition to other capabilities, we have now have "real time" ability to detect penetrat... read more
Current Fraud Schemes Targeting Residential Real Estate Transactions
Over the past year Brady & Kosofsky has implemented cutting edge security hardware and software to meet the requirements of protecting our clients' non public private information. In addition to other capabilities, we have now have "real time" ability to detect penetrat... read more
Current Fraud Schemes Targeting Residential Real Estate Transactions
Over the past year Brady & Kosofsky has implemented cutting edge security hardware and software to meet the requirements of protecting our clients' non public private information. In addition to other capabilities, we have now have "real time" ability to detect penetrat... read more
The Importance of Secure IT Platforms in Residential Closing Industry
Almost one quarter of the way thru 2015. I have not spent an entire week at home since January- client meetings, site visits, consulting trips, TILA RESPA INTEGRATED DISCLOSURES Forums. Two snow storms and one Ice event.... its been a crazy year! What did I learn from a... read more
Almost There!- Good Bye Hud-1— Are You Ready For Trid????
The HUD-1 is going away for all loans (Except reverses and other specialty Loans) originated after August 1! This is much more than a form change- the whole process is changing- MAKE SURE YOU ARE READY!
YOU WILL NOT GET THIS INFORMATION AT YOUR ANNUAL CE UPDATE!!!
... read more