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 | Jun 24, 2015 | California Real Estate, Georgia Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate, Washington Real Estate
CFPB issues proposed amendment to move TRID implementation date from August 1, 2015 to October 3, 2015 BREAKING NOW – – – (Jeff Sorg, OnlineEd) – The Consumer Financial Protection Bureau (CFPB) today issued a proposed amendment to the Know Before...
by Jeff Sorg | Jun 17, 2015 | California Real Estate, Georgia Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate, Washington Real Estate
The CFPB will be issuing a proposed amendment to delay the effective date of the Know Before You Owe rule until October 3, 2015 DEVELOPING STORY – – – (Jeff Sorg, OnlineEd) – Consumer Financial Protection Bureau (CFPB) Director Richard...