General Counsel Blog

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  07/07/2015

  Significant Change is in the Air

  60 days, policy lag time, and same-sex marriage. We say time and time again change happens. Now that that the new TRID comes into effect October 3, we’ve gained an extra 60 days. In this video I discuss the adjusted timelines and the steps you should take to prepare yourself. Also I discuss the importance of submitting your policies in a timely manner along with one of the most significant rulings from the Supreme Court.

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  06/25/2015

  Top 5 Things To Do With The Extra 63 Days

  CFPB has moved the effective date again.

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  06/19/2015

  Update: Issuance of Final Policies

  Policy transmittal and remittance lag, closing insight, lender communications, third party certification, FAR-BAR contract

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  06/15/2015

  CFPB Updates

  CFPB restrained enforcement, Wells Fargo, and unlawful inducement

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  06/01/2015

  Updates on CFPB

  Preparing to use Closing Insight

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  05/18/2015

  New Data Call Rule

  As your General Counsel one of my jobs is to scan the horizon for things that will affect you. There are two things that are important for us to focus on. In this short video I discuss a new proposed rule that will address problems with disclosing premiums and how the Data Call will affect you.

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  05/11/2015

  The CFPB Hotline is Now Available

  The Fund has developed a full range of resources for you to learn about and be ready for the new closing process rules created by the Consumer Financial Protection Bureau (“CFPB”). If you have not already had the chance to visit our Readiness Page (Link to Site), now would be a great time. As new information is made available from lenders, the CFPB, and industry sources, it is being posted to this webpage. In addition, all of The Fund’s CFPB-related training resources are located here, including our ALTA Best Practices templates and registration information for our Legal Education Department’s Closing Disclosure Form live Fundinars.

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  04/27/2015

  CFPB & Title Disclosure Updates

  SunTrust Notice on CFPB procedures, the title premium disclosure discrepancies form and restrained enforcement

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  04/17/2015

  New Realtor Brochure Now Available for Download

  Help real estate professionals understand and know the coming changes

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  04/10/2015

  The New Integrated Mortgage Disclosure Rules

  This week’s discussion focuses on the technical aspects of variances in the new IMD rules.