by Jeff Sorg | Sep 4, 2015 | Mortgage, Real Estate
TILA-RESPA Integrated Disclosure (TRID) rules just one month away By Jeff Sorg, OnlineEd Blog PORTLAND, Ore. (September 4, 2015) – With the new TILA-RESPA integrated disclosure rules less than one month away, it’s time for real estate brokers in every state to...
by Jeff Sorg | Aug 10, 2015 | Mortgage, Real Estate
UClose was built strategically to comply with the upcoming TILA-RESPA Integrated Disclosure Rule (TRID) By Jeff Sorg, OnlineEd Blog PORTLAND, Ore. (August 10, 2015) – United Wholesale Mortgage (UWM) has released its UClose tool to allow mortgage brokers to close their...
by Jeff Sorg | Jul 23, 2015 | Mortgage, Real Estate
Special Information Booklet (Part 5 of 5) (Jeff Sorg, OnlineEd) – A creditor must provide the special information booklet, specifically the RESPA Settlement Costs Booklet, to the consumer who applies for a consumer credit transaction secured by real property no...
by Jeff Sorg | Jul 22, 2015 | Mortgage, Real Estate
Curing Tolerances (Part 4 of 5) (Jeff Sorg, OnlineEd) – On the Loan Estimate, certain charges are not subject to a tolerance limitation. This means that the amount charged the consumer may exceed the amount disclosed on the Loan Estimate by any amount. Examples...
by Jeff Sorg | Jul 21, 2015 | Mortgage, Real Estate
(Jeff Sorg, OnlineEd) – The Consumer Financial Protection Bureau has issued a final rule moving the effective date of the Know Before You Owe mortgage disclosure rule, also called the TILA-RESPA Integrated Disclosures, or TRID, to October 3, 2015. The final rule...