General Counsel Blog

06/15/2015

CFPB Updates

CFPB restrained enforcement, Wells Fargo, and unlawful inducement

06/01/2015

Updates on CFPB

Preparing to use Closing Insight

05/18/2015

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.

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.

04/27/2015

CFPB & Title Disclosure Updates

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

04/17/2015

New Realtor Brochure Now Available for Download

Help real estate professionals understand and know the coming changes

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.

04/03/2015

Important Legislation, Closing Insight & CFPB Updates

A New Senate Bill, an Update on the Closing Insight Integration, PLUS CFPB’s “Your Home Loan Toolkit”

03/27/2015

FR-BAR & CFPB Updates

Dear Fund Member: Real estate market reports and our branch order volume indicates that many of you are very busy right now. That is great news, and I am sure you are enjoying the increase in your business. Here at The Fund, we are very busy putting the final touches on Fund Assembly, making sure that the program information is the very best it can be and that the experience of each attendee is educational, informative AND enjoyable. With an expected attendance of 1300, the logistical challenges are huge, but we will meet the challenge! I am really looking forward to attending my first Assembly as an “insider” and interacting with many of you to see how things are going as we move towards August 1, 2015.

03/20/2015

New Lender Announcements & the Closing Disclosure Preparation Checklist

Several more lenders have announced how they are going to prepare and deliver the new Closing Disclosure form. In this short video, I address the lenders' announcements as well as the Closing Disclosure Preparation Checklist designed to help you prepare now and in the upcoming months for the CFPB changes.