Mortgage Software Solutions Blog

Congress passed the Home Ownership and Equity Protection Act (HOEPA) in 1994 as an amendment to the Truth in Lending Act. The legislative intent was to tackle the abuses in the mortgage refinancing industry and with respect to home equity loans that charge high interest rates or high fees. Below is some basic information about loans and required disclosures you should be familiar with as a mortgage company.

What image comes to mind when someone mentions archives? Dusty file cabinets in a basement or buried and mislabeled folders on your desktop are two common ideas of what archiving is. There is much more involved with archiving than meets the eye. First of all, an archive is more than a backup. It has to meet three requirements to do its job:

Did you know that 98% of cyber attacks can be stopped simply by keeping your devices up-to-date?  Our lives seem to be moving faster as we advance our technologies. Sometimes, we don’t like to even stop for the most minor of tasks. For instance - that notification about the need to update your mobile device that you find a little annoying. And then you do what most people do - ignore it. You know it’s inevitable and has to be done, but you just keep swiping to delay it because now just isn’t a good time. Don’t let that one-day delay turn into an eternity or you might be in for an unpleasant surprise.