NAR has been actively monitoring the implementation of the “Know Before You Owe” also known as the TILA-RESPA Integrated Disclosure rule by the Consumer Financial Protection Bureau (CFPB). Feedback from REALTORS across the nation highlighted the reluctance of lenders to share the new mandated Closing Disclosure (CD) with real estate professionals. Lenders have been refusingContinue reading “Nation: CFPB Clarifies TRID”
Tag Archives: lenders
Nation: NAR Wants TRID Guidance
On June 7, 2016, NAR sent a letter to the CFPB asking the Bureau to issue specific written guidance on the Know Before You Owe regulation, or “TRID,” in its upcoming Notice of Proposed Rulemaking. Reliable, written guidance is critical for effective implementation of the rule. NAR urged the Bureau to 1) clarify that lenders canContinue reading “Nation: NAR Wants TRID Guidance”
Greeley: City Offers HOPE
The City of Greeley held a training session for 80 REALTORS and lenders interested in learning more about G-HOPE (Greeley Home Ownership Program for Employees). Up to $6,000 in down payment assistance will be available to qualified employees of the City of Greeley, the University of Northern Colorado, Greeley-Evans School District 6 and Banner HealthContinue reading “Greeley: City Offers HOPE”
IRES MLS: Come Home to Colorado 