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‘Lender Loss Payee’ Clause: More Protection For Lenders? – There is an alternative that provides enhanced (but not bulletproof) protection for lenders, however: being designated as a “lender loss payee.” The “lender loss payee” clause, sometimes referred to.

Common Closing Disclosure Errors: CliftonLarsonAllen (CLA) – Since October 3, 2015, TILA RESPA Integrated Disclosures (TRID) have been required for residential mortgage transactions. Over the course of the year, CLA has been tracking TRID completion, and we have outlined common Closing Disclosure (CD) completion errors to help residential mortgage lenders meet compliance standards.

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In Home Capital’s Mortgage Mess, Blame the Unlucky’ Brokers – Regulators tightened mortgage rules a dozen times in the past five years, helping drive borrowers to alternative lenders including Home Capital. in a landscape where regulators lack resources to.

Carrington Correspondent | Non-Delegated Correspondent Lending – Launched in 2018, Carrington Correspondent is dedicated to bringing the highest value to non-delegated correspondent lending. We work diligently with our valued Sellers in establishing an on-going partnership to build growth and profitability.

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Home Loan Program for Borrowers with Non-Traditional Credit. – "As a national mortgage lender, we believe it is vital to take an active role in bridging the gap of homeownership by offering alternative solutions." For more information and complete details about the Freddie Mac Non-Traditional Credit program, please contact a PrimeLending loan officer at a branch near you.

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