Pass the Ibuprofen: Integrated Mortgage Disclosure Headaches
If the new settlement disclosures are giving you headaches, you're not alone. Precise timing requirements, inability to make changes at the closing table, the format of the new forms, lack of standard definitions for fees and charges, system incompatibilities and more are giving lenders a lot to handle in the weeks leading up to the Aug. 1 implementation date. (Note: AffirmX is offering a webinar on the subject. More info here.) [2/6/15]