Blog

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

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