Vendor Helps Others Understand The New Disclosures

As the industry prepares for the new CFPB Integrated Dsclosures, vendors are stepping up to help lenders understand the requirement. For example, Docutech will launch its bi-monthly “TRiDcast,” on Tuesday, Feb. 10. The Tuesday TRID-casts will be accessible through the company’s Integrated Disclosure Resource Center and will aim to invite lender questions on preparing for the integrated disclosures that will be leveraged in the company’s 2015 compliance webinars series.

The TRiDcasts are a new feature of DocuTech’s Integrated Disclosure Resource Center, which provides a number of resources to help lessen the impact of industry changes that will move into effect on August 1, 2015. The center was founded to expand the knowledge and understanding of Consumer Financial Protection Bureau’s (CFPB) regulations by providing a platform to ensure the successful implementation of all disclosure guidelines.

“TILA-RESPA reform is incredibly complex, and lenders are seeking information on how they can ensure their technology, processes and staff are ready for August 1,” said Scott K. Stucky, chief strategy officer of DocuTech. “The TRiDcasts provide lenders answers to the questions they are asking us every day about integrated disclosures, and with content generated by some of the top experts in the industry, the entire online resource center is one more tool lenders can use to ensure compliance.”

DocuTech provides compliance and documentation technology for mortgage lenders nationwide. Their software has helped financial institutions of all sizes to better serve consumers with compliant, clear mortgage documents and disclosures.

About The Author

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Tony Garritano
Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at tony@progressinlending.com.