2015-12-17 5 Reasons You Need Tech in Your Real Estate Business

A white paper released by Berkery Noyes Investment Bankers shows the impact that technology has on the mortgage sector. Regulations like the TILA-RESPA Integrated Disclosure (TRID) rule and Title XIV of the Dodd-Frank Act requires lenders to meet extra minimum standards before issuing residential mortgage loans and to make a “reasonable and good faith determination” that the borrower will be able to repay the loan.