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 20, 2015 | Mortgage, Real Estate
The New Loan Estimate Form (Part 2 of 5) (Jeff Sorg, OnlineEd) – The Loan Estimate is a three-page form that replaces the initial Truth-in-Lending disclosure and the RESPA Good Faith Estimate (GFE). The purpose of this new form is to provide consumers with a...
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 Jeff Sorg | May 21, 2015 | California Real Estate, Georgia Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate, Washington Real Estate
(Jeff Sorg, OnlineEd) – NAR President Chris Polychron, recently cautioned that closings for some home sales could drag after October 3, 2015as the real estate industry transitions to the new closing procedures required by the Consumer Financial Protection...
by Joseph | Apr 28, 2015 | Real Estate, Washington Real Estate
(OnlineEd – Portland, OR) – Try us for absolutely free! No strings or gimmicks: Click here to sign up for a free 3-hour “Current Issues” course Washington real estate licensees are required to take 30 hours of continuing education for...