by Jeanine | Apr 30, 2018 | CFPB, Closing, Government Oversite
The Consumer Financial Protection Bureau (CFPB) finalized an amendment to its TILA-RESPA Integrated Disclosure (TRID) rule that addresses when mortgage lenders with a valid justification may pass on increased closing costs to consumers and disclose them on a Closing...
by Jeanine | Jan 23, 2018 | CFPB, Closing, Education, FHA/HUD, FNMA /Fannie Mae, Government Oversite, mortgage, Privacy and Public Records, Real Estate Law
Seeks Public Input on Ways to Better Fulfill Statutory Obligations JAN 17, 2018 WASHINGTON, D.C. — The Consumer Financial Protection Bureau today announced that it is issuing a call for evidence to ensure the Bureau is fulfilling its proper and appropriate functions...
by Jeanine | Dec 28, 2017 | CFPB, Closing, Education, Foreclosure, Fraud, Industry News
Press Relelase December 20, 2017 The U.S. Department of Housing and Urban Development today released the Homeowners Guide to Success as part of a public-private partnership between federal agencies and industry partners. The guide provides homeowners with information...
by Jeanine | Oct 3, 2017 | CFPB, Closing, Education, Fraud, Government Oversite, Industry News, RESPA, Title Insurance
The CFPB takes RESPA matters seriously. While many states, like Minnesota, require a disclosure form describing the relationship between lenders, real estate agents, title companies, appraisers, etc., those who do not disclose those relationships are up for serious...
by Jeanine | Sep 4, 2017 | CFPB, Closing, Education, Government Oversite, Industry News
To support implementation of the recently issued 2017 TILA-RESPA Rule, the Bureau has issued a Detailed Summary of Changes and Clarifications. You can access the Detailed Summary of Changes and Clarifications here.