Hot off the Presses! Our Chief Legal Officer, Steve Levine, has written a great new article that was published today on the BHPH Report Website. As you know, the CFPB recently published their findings on the benefits of using eClosing in the Mortgage Industry, and their desire to move forward with making it the standard […]
The CFPB recently published a report on its “Know before you Owe” E-closing project. The report concluded that borrowers can benefit from electronic closings when navigating the mortgage closing process, the results indicating that those who closed their mortgage using an electronic platform are generally better off on measures of understanding, efficiency, and feeling empowered. “Our […]