The following link is from CFPB regarding the upcoming TRID (Tila-Respa Integration Disclosures) implementation. This takes place with initial applications dated 8/1/2015 and later.Continue Reading → Share
Raleigh, NC February 2, 2015 –
In 2015 Quest Advisors Inc., mortgage quality assurance experts, will be entering it’s 20th year of business. Throughout two decades of the ebbs and flows of the mortgage industry, one of the few constants is Quest Advisors providing quality mortgage related services to lenders who fund all types of residential loans across the United States. Our mission is to help lenders identify issues that impact both regulatory and investor compliance, as well as potential ...Continue Reading → Share
The link to the most recent Fannie Mae Selling Guide (12/16/2014) is below. As always, recent changes are highlighted in yellow.Continue Reading → Share
October 23, 2014
Outlook for U.S. Economic Growth Still Solid Even as Global Growth Slows
Housing Faces Upward Grind in 2015
WASHINGTON, DC – Real economic growth in the U.S. appears ready to exceed 3.0 percent for the second half of the year, providing a sound basis for growth in 2015, according to Fannie Mae’s (FNMA/OTC) Economic ...Continue Reading → Share
Changes Will Assist Nonprofits and Allow for Refunds of Excess Points and Fees for Qualified Mortgages
Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today finalized minor adjustments to its mortgage rules to ensure access to credit. The adjustments, which were proposed in April, include two changes that will help certain nonprofit organizations continue to provide mortgage ...Continue Reading → Share
Annual Consumer Response Report Highlights CFPB Help in Getting Problems Addressed
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) announced today that consumer complaint volume nearly doubled from 91,000 complaints received in 2012 to 163,700 complaints received in 2013. The CFPB’s Consumer Response Annual Report also highlighted the many issues the CFPB is helping consumers address – from foreclosure alternatives to simply receiving better customer service.
“Consumer complaints have become central ...Continue Reading → Share
Quest Advisors Rebrands to Highlight Niche Expertise
in Mortgage Industry
The company embarks on a rebranding campaign that directly correlates to the addition of leadership and expertise in compliance.
December 9, 2013- Raleigh, NC – Quest Advisors, a residential mortgage quality assurance company, has launched a rebranding campaign to more adeptly represent the company’s status as experts within the industry.
Quest Advisors, founded in 1995, provides consulting services including residential mortgage audits, compliance and quality control guidance to authorized mortgage lenders across ...Continue Reading → Share