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A Perspective on the New Mortgage Process
Impact of New Mortgage Process The new mortgage process and title company requirements were implemented on October 3, 2015. It has been about 9 months since the Consumer Financial Protection Bureau (CFPB) started this. The goal of the CFPB is to protect the consumer from being treated unfairly when it comes to anything related to financing. […]
Posted in Buyers |
Tagged Buy a home with Buyers Agent, CD, CFPB, closing disclosure, cost of mortgage, financing a home, hire mortgage broker, LE, loan estimate, new mortgage process, shopping for a home |
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July 13th, 2016 by Erika
July 13th, 2016 by ErikaNew Real Estate Closing Disclosure
What’s Changing in Real Estate? HUD forms currently used today in the closing of a real estate transaction, have been used since 1974 and are outdated. The HUD form is, an itemized three page form with a summary of charges for the buyer and the seller. This HUD form is the guideline for how money will be distributed at […]
Posted in Buyers |
Tagged about title insurance, CDF, CFPB, closing disclosure form, closing real estate transaction, HUD forms, LE, loan estimate, new closing disclosure, new real estate procedures, October 3 2015, real estate closings |
Leave a comment July 27th, 2015 by Erika
July 27th, 2015 by Erika
