REAL Trends and The Wall Street Journal recently released the annual “The Thousand Top Real Estate Professionals.” The Thousand honors the top 250 residential agents and agent teams for excellence in sales volume and transaction sides, and new this year, average sales price.
As you may have heard, on August 1, 2015 a new RESPA/Truth in Lending Act integration rule, often referred to as “TRID”, goes into effect that significantly changes the settlement process. The final rule integrates existing disclosures with new requirements from the Dodd-Frank Act to improve consumer understanding of the mortgage process, aid in comparison shopping, and help to prevent surprises at the closing table.
The Consumer Financial Protection Bureau today issued a proposed amendment to the Know Before You Owe mortgage disclosure rule, which changes the rule’s effective date to Oct. 3, 2015.
Changes to a number of residential, commercial and property management forms in NCAR's forms library will take effect July 1st. A list of the forms that will be changing and detailed summaries of the changes are available now on the NCAR website via the links below.