September 10, 2014
CFPB Issues Updated TILA-RESPA Compliance Guides
In April, we reported on the Consumer Financial Protection Bureau’s (CFPB) Small Entity Compliance Guide for the TILA-RESPA Integrated Disclosure Rule and the Guide to the Loan Estimate and Closing Disclosure forms. On Monday, September 8th, the CFPB released updated versions of these materials.
The CFPB also includes a timeline that can help you understand the timing requirements under the rule. This timeline illustrates the process and timing of disclosures for one specific real estate purchase transaction under the TILA-RESPA Integrated Disclosure rule that will become effective on August 1, 2015.
View the updated guides, the timeline, and other resources here.
US Senate Banking Chiefs Tout Savings In GSE Overhaul Bill
MNI | September 8, 2014
Senate Banking Committee Chairman Tim Johnson and Sen. Mike Crapo, the ranking Republican on the Banking panel, seized on a report Monday by the Congressional Budget Office that shows their housing finance reform bill would generate $60 billion in savings over the decade.
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Millennials: The Housing Edition
Goldman Sachs | August 4, 2014
Millennials are one of the biggest generations in US history and are comprised of individuals born between 1980 and 2000. Millennials are more diverse, more educated, more in debt and more likely to be in the South and West. The peak millennial cohort is now only 23 years old. Because housing consumption increases sharply from age 25 to 45, millennials will be an important factor for the broader housing market going forward.
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Upcoming Hot Topic Webinars
Recent Texas Title Insurance and Escrow Cases
Thursday, September 18 | 10:30 - 11:30 a.m. CDT
Presented by:
Jerel J. Hill, Attorney at Law
Richard Melamed, Attorney at Law
Live Version | On-Demand Version
Are You Afraid of (the) Commitment?
Tuesday, September 23 | 10:30 - 11:30 a.m. CDT
Presented by:
Stephen R. Streiff, Southwest Legal Division Manager, Old Republic National Title Insurance Company
Live Version | On-Demand Version