California SB2 and What Is It
January, 2018 New Affordable Housing and Job Acts Fee, also known as SB2 Establishes permanent, ongoing sources of funding dedicated to affordable housing development Money to be placed in …
Category: For Borrowers
Review of TRID – 2 Years Later
With the two-year anniversary of the TILA/RESPA Integrated Disclosure rule (known informally as TRID) implementation happening this month, it’s a good time to step back and take a look …
TRID Six Months In
It’s been more than six months since the Consumer Financial Protection Bureau’s (CFPB) TILA-RESPA Integrated Disclosure (TRID) went into effect, with the main goal of simplifying the home closing …
Change to FIRPTA Withholding Tax Law
Change to the Withholding Tax Law on Real Estate Sales by Non-US Persons – as of February 17, 2016 Congress has enacted a significant change to the required withholding …
CFPB rules for Seller pay Title Insurance Premiums
CFPB Indicates How to Disclose Title Insurance Premiums in Seller-Pay Scenarios Since announcing the TILA-RESPA Integrated Disclosure rule in 2013, the Consumer Financial Protection Bureau has hosted a …
Are you ready for homeownership? Owning a Home
Making the move to homeownership Buying a home is exciting. It’s also one of the most important financial decisions you’ll make. Are you ready for homeownership? Three decades ago, …
FHFA Announces Extension of HARP and HAMP Refinance Program Until the End of 2016
The government’s Home Affordable Refinance Program (HARP) and Home Affordable Modification Program (HAMP) will be extended until the end of 2016, according to an announcement from FHFA Director Mel …
Are You Ready? August 1st Marks Big Change In Our Industry and YOU Are An Important Part Of It!
The August 1, 2015 implementation date of the Consumer Financial Protection Bureau (CFPB) rule integrating the TILA-RESPA disclosures is right around the corner. By now you might have heard …
How Does Escrow Interact with New Lenders?
When you are purchasing a home, or taking a new refinance home loan, your Escrow holder will be the center of your real estate transaction. That’s because Escrow is …
Five Top Real Estate Myths
It’s hard to forget the effect the real estate market crash had on many people during the recession, which is why so many myths and rumors continue to permeate …