 This summer marks the start of a new era in real estate transactions with the introduction of the integrated disclosures that will replace the Good Faith Estimate, Truth-in-Lending and HUD-1 Settlement Statement documents. The new documents will be easier to understand for the consumer, but will also bring changes to the way lenders, title companies, and real estate agents do business. A lack of familiarity with the new regulations is certain to bring delayed closings
To assist you in better understanding the new rules, we will be hosting a class where we will review the new rules, the forms and disclosures, the associated waiting periods, potential obstacles, and prescriptions for making each transaction a smooth one. You won't want to miss it! Here are the details: The TILA-RESPA Integrated Disclosure Rule and What it Means to You (TREC Course No. 01-00-037-28591) Thursday, April 16th, 10:00am - 12:00pm Pearl Fincher Museum of Fine Arts 6815 Cypresswood Drive Spring, TX 77379 Class qualifies for 1 hour of TREC MCE credit, provided by Blue Ribbon Agent Provider #10020 Please be sure to RSVP by calling (832) 286-1601 or email mike@houstonmortgagepros.com as seating space will be very limited. |
AuthorMike Lesmeister, CRMS, CMPS, is a Published Author, Mortgage Banker, Dad, Financial Planning Geek and All-Around Great Guy. Archives
February 2016
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