Every licensed Agency, every non-resident agency with a Florida license, every Florida Direct Operation, every attorney or law firm who owns a title agency and/or operates under a DFS license, and each insurer should plan to start capturing data January...
Read More
1/7/14 11:57 AM
TDI issues a Guaranty Assessment Recoupment Fee (GARC)
Posted by
SoftPro on 1/7/14 11:57 AM
The Texas Department of Insurance (TDI) issued an order setting a Guaranty Assessment Recoupment (GARC) Fee effective January 1, 2014. All title agents will be required to collect a GARC fee of $1.80 on each owner and loan policy. This fee must be...
Read More
http://www.bloomberg.com/news/2013-12-18/builders-began-work-on-most-u-s-homes-in-more-than-five-years.html
Read More
The Final Rule allows for a 21 month implementation timeline. The industry efforts and comments clearly demonstrated the need for a lengthy time period to ensure proper implementation of the Final Rule as well as the Final Closing Disclosure Form. The...
Read More
11/20/13 8:22 AM
CFPB sneak peek of what we can expect to see in the Final Rule
Posted by
SoftPro on 11/20/13 8:22 AM
3 day rule - Only 3 reasons for delay are a 1/8 change in APR, a change in loan product and addition of a prepayment fee can cause the trigger of restarting a new 3 day waiting period.
Read More
11/20/13 7:52 AM
CFPB Releases the final new Closing Disclosure Form
Posted by
SoftPro on 11/20/13 7:52 AM
The CFPB released the new closing disclosure form at 12:01 am this morning.
Read More
11/15/13 9:59 AM
Mortgage rates on the rise but still good deal for home buyers...
Posted by
SoftPro on 11/15/13 9:59 AM
http://www.bloomberg.com/news/2013-11-14/u-s-mortgage-rates-climb-for-a-second-week.html
Read More
Looks like some lenders are easing their down payment requirements...
Read More
11/5/13 5:21 PM
OCC releases bulletin for banks and their third party relationships.
Posted by
SoftPro on 11/5/13 5:21 PM
Click the link to see the full bulletin:
Read More
11/4/13 7:00 PM
CFPB to hold a Know Before You Owe hearing in Boston
Posted by
SoftPro on 11/4/13 7:00 PM
On November 20th at 11:00 am EST the Consumer Financial Protection Bureau will hold a field hearing in Boston, MA on the Know Before You Owe: Mortgages project. Stay tuned to see if they release the Final Rule. You can also watch a live stream of the...
Read More
