by Jeff Sorg | Dec 23, 2015 | Real Estate
Real Estate Agents need to review and become familiar with the Closing Disclosure in order to answer buyer and seller questions By Jeff Sorg, OnlineEd Blog (December 23, 2015) – Every real estate agent should get familiar with the TILA-RESPA integrated...
by Jeff Sorg | Jul 23, 2015 | Mortgage, Real Estate
Special Information Booklet (Part 5 of 5) (Jeff Sorg, OnlineEd) – A creditor must provide the special information booklet, specifically the RESPA Settlement Costs Booklet, to the consumer who applies for a consumer credit transaction secured by real property no...
by Jeff Sorg | Jul 21, 2015 | Mortgage, Real Estate
The New Closing Disclosure Form (Part 3 of 5) (Jeff Sorg, OnlineEd) – The Closing Disclosure integrates and replaces the final Truth-in-Lending disclosures and the RESPA HUD-1. In general, the Closing Disclosure sets forth the actual terms and costs of the...
by Jeff Sorg | Jul 17, 2015 | Mortgage, Real Estate
The Consumer Financial Protection Bureau is requiring the use of a new TILA-RESPA integrated disclosure as of October 3, 2015 (Part 1 of 5) (Jeff Sorg, OnlineEd) – The Consumer Financial Protection Bureau (CFPB) is requiring the use of a new TILA-RESPA...
by Joseph | Nov 22, 2013 | Mortgage
November 22, 2013 – At a field hearing in Boston on Wednesday, November 20, 2013, Richard Cordray of the CFPB took the opportunity to unveil the new “Know Before You Owe” forms, which will replace their better known “good-faith estimate”...