AllRegs Enhances State Compliance Package With Three New Features

s has added three features to its State Compliance Package, which is accessible through AllRegs Online, the company's information service. Package subscribers now have access to loan file checklists, disclosure matrices and permissible fee matrices for each of the 50 states. ‘These documents can be printed and inserted into the front of every loan file or be used as a reference for state compliance," notes Dan Thomas, AllRegs' senior vice president. "Mortgage professionals will be able to ensure that their loan files are complete and compliant by using these new checklists and matrices, streamlining processes and promoting accuracy." Each product is an instant-print worksheet that is continually updated by AllRegs. Originators, underwriters, processors, servicers, closers, post-closers and compliance personnel will benefit from the State Compliance Package, with the ability to access state-by-state licensing requirements; requirements for escrow accounts, statements, payoffs, lien releases, foreclosure process and loan modifications; Wet Settlement requirements; loan file audit resources; and more, AllRegs says. SOURCE:


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