CFPB Update & New Closing Disclosures

21 Jul

(W) CFPB Update & New Closing Disclosures

(W) CFPB Update & New Closing Disclosures

Tuesday, July 21, 2015 (1:30 PM to 3:30 PM)

West Broward Sawgrass Office, Sunrise, Florida

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Sign-in: 1:00 pm

Class: 1:30 pm - 3:30 pm

Members: $15 / Onsite: $25

Non-Members: $30 / Onsite $50
After the 2008 financial meltdown, Congress established the Consumer Financial Protection Bureau (CFPB). Among its first tasks was the combination of forms provided to borrowers at both the beginning and end of their loan transaction. In 2013, CFPB published its final rule revealing these two new combined forms.
This presentation will review the Five things Real Estate Agents Need to know Before October 1st:
Be able to explain the new Loan Estimate and Closing Disclosure
Timing of closings are impacted by disclosure delivery rules
Title fees may need to be adjusted at closing and explained
Line numbers have been removed and there are now 7 fee areas
Your client will likely receive more than one Closing Disclosure

West Broward Sawgrass Office - Conference Room 2
West Broward Sawgrass Office (Conference Room 2)
13680 NW 14 Street
Sunrise, FL 33323

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Wendy Rosenberg
Wendy Rosenberg is a Co-Owner of Title Express of South Florida. LLC. She attended graduate school at the University of Miami where she earned an MBA in Marketing. She is a Certified Distressed Property Expert (CDPE). She has over 25 years experience in the title insurance business in South Florida. She completed her undergraduate degree at Penn State University where she got her B.A. degree in Advertising. She was selected to serve on the Presidential Advisory Group for short sales for Florida Realtors.