New Closing Procedures – How will it affect your real estate closings? – Duluth, 3 Hour CE

New Closing Procedures – How will it affect your real estate closings? – Duluth, 3 Hour CE
Event on 2016-08-29 10:00:00
Presents New Closing Procedures October 3, 2015 Know Before You Owe How will it affect your closing? "…The Consumer Financial Protection Bureau is putting in place rules that will help consumers shop around for the right mortgage. We are doing this by overhauling the mortgage disclosure forms currently required by federal law and putting in their place two simpler, easy-to-understand "Know Before Your Owe" forms….Director Richard Cordray – November 20, 2013 Timely closings will require advance planning under new compliance rules! Commencing onOctober 3, 2015 the Consumer Finance Protection Bureau (CFPB) has mandated the use of new integrated mortgage disclosure forms. This will be the most significant change in the 40 year history of RESPA. Not only will the real estate industry need to adjust to new documentation and new technology, but also changes in the mortgage and closing process. Georgia Realty School and Cathy McDaniel will present an informative event with a local mortgage lender. During class a plain – language overview of the new rules will be given in a Q&A session format. Outline – New Disclosure Forms Alter Your Transaction Closing Why the new forms? What type of real estate transactions apply and do not apply to the final rule Detailed illustrated TILA/RESPA forms – The new CFPB forms document combined both the HUD-1 Settlement Statement with the Truth-in-Lending From  Disclosure timeline, processing and timing of disclosures What challenges are the lenders and closing attorneys having Best practices…and much, much more This class is a must attend! Simply put….be there.                                       My CE Class, LLC | #5914 | Expires 12/31/16 | In-Class Course | Continuing Education Instructor: Cathy McDaniel | 404-550-0775 |                                                             
at Georgia Realty School
2750 Premiere Parkway
Duluth, United States

FREE this week at our real estate closing settlement store:

Not Authenticated: 0093d4e2bd2fff2ce36683bf4e608030065ab3dfe774408be60e56410852fd90219523598f0a8b933f5fa7b6a4d48909e57d4d052585bbc7680a918de6a1b3b627/481cc3d227b4a14ff834f2402860bf8c89f84e939828d8558bced5805b0367a7cab89e52c5f7bc59e16a66527f754d9cab8f0e769f164871cf23422271a05a71

Comments are closed.