Technology | 2009.12.22
Cypress Software Offers Consulting and Technology to Help Financial Institutions Quickly Gain RESPA Compliance
NORTH RICHLAND HILLS, Texas--(BUSINESS WIRE)--Cypress Software Systems today announced that it is offering consulting services, as well as enhanced versions of its Mark IV automated loan software and Mark IV Mortgage Module, to help financial institutions quickly achieve compliance for the Real Estate Settlement Procedures Act (RESPA). The RESPA rule requires lenders to use a new standardized good-faith estimate (GFE) disclosure and a revised HUD-1 settlement sheet that is designed to provide cl
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