The TRID Improvement Act bill passed a full House vote (271-145) on February 14, 2018. The next step is the Senate floor for a vote - however, that can take some time. There are two other possibilities that could help get the bill passed:
It's the end of April, and there's still no permanent Director of the CFPB. The battle between Acting Director Mick Mulvaney and Leandra English is still going strong. On January 30, 2018 English filed a brief for her appeal in response to the January ruling denying a preliminary injunction to block the appointment of Mulvaney as the CFPB’s Acting Director.
Don't miss new training seminars in Raleigh, NC
There is no better way to improve your SoftPro software knowledge and skills than attending local seminars in Raleigh, NC. These seminars are a great option for both new and experienced users looking for hands-on training directly from experienced SoftPro trainers.
Great software for commercial transactions should provide the same benefits as for residential - save time and reduce the risk of errors, to ultimately provide better customer service with faster turnaround and more accurate work.
Unfortunately, many commercial title and escrow providers use less sophisticated software than their residential counterparts do, despite the fact that commercial transactions are incredibly complex in comparison. Using Excel to create settlement statements is common, primarily because Excel provides maximum flexibility to produce the exact format requested by your customer. That flexibility is key, but many real estate software programs don’t support it, instead locking you into a fixed format where you can’t customize the sections or wording on the statement, the transaction information shown in the header at the top of the form, or the signature lines in the footer.
As more of the world gains internet access, cyber criminals are moving their attacks from machines to humans. It’s estimated that just over 50% of the world’s population has access to the internet and that number is expected to climb to 75% in the next five years.
Education and preparation for your employees, customers and clients will be critical moving forward.
Tags: Best Practices
Surety Title Agency, Inc. and SoftPro have a lot in common. Both companies went into business in the early 1980’s with a desire to be a trusted partner to their respective clients. The paths of the two companies would come together in 2015 when Surety Title Agency began using SoftPro for its closing and title automation.
Join SoftPro and the rest of the title and escrow professionals on at ALTA Springboard, March 20-21, 2018 at the W Midtown in Atlanta, GA.
According to HousingWire, in a stunning reversal of its previous decision, the full Court of Appeals for the District of Columbia Circuit ruled Wednesday that the Consumer Financial Protection Bureau is constitutionally structured.
With 1099 season in full swing, there is a great opportunity to simplify your 1099 process, have more time to prepare your filings, and be able to spend your time more efficiently on other tasks by filing your 1099-S records online. All you need is the add-on SoftPro module Pro1099, which automates the reporting process and makes IRS 1099-S electronic filing simple and accurate.
Tags: Best Practices