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Changes at NAR – Additional REALTOR Benefits

NAR: Internal News Service Special Report Full Report Available Here Board Approves Free Forms For All Members The NAR Board of Directors at its Nov. 16 meeting in San Diego approved a partnership between NAR and zipLogix® to provide a national forms and transaction management benefit to all NAR members. The board heard reports on a number of NAR initiatives—including advocacy...

CFPB Officially Extends TRID Implementation to Oct. 3rd

The Consumer Financial Protection Bureau (CFPB) has issued a final rule moving the effective date of the TILA-RESPA Integrated Disclosures (TRID) rule (otherwise known as the Know Before You Owe mortgage disclosure rule)  to Oct. 3, 2015. This after CFPB Director Richard Cordrday said that the CFPB would delay the effective date of the TRID rule until Oct. 1.The CFPB has issued...

New TILA-RESPA Disclosures

As the requirements of the 2010 Dodd-Frank Act continue to be implemented throughout the country, most Colorado REALTORS® have a basic familiarity with the new federally mandated mortgage loan disclosures that will be required be-ginning August 1st of this year. The Consumer Financial Protection Bureau (CFPB), an independent federal agency with oversight of the US financial industry, was created by...