CFPB and the Changes Taking Place in the Real Estate Industry



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17 Nov

11/17/2015 BOCA 2:00PM CFPB and the Changes Taking Place in the Real Estate Industry

11/17/2015 BOCA 2:00PM CFPB and the Changes Taking Place in the Real Estate Industry

Tuesday, November 17, 2015 (2:00 PM to 4:00 PM)
0 Education Credits
BOCA - Boca Raton Location: 3200 N Military Trail #102, Boca Raton, Florida Contracts/Leases, Finance, Free

Attend this NEW CFPB readiness course and learn about the CHANGES impacting your transactions, from

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This course will provide a brief history into the creation of the Consumer Financial Protection Bureau (CFPB), why it was created and what the bureau regulates. Eric Bergknoff, Esq reviews the new rules and forms set forth by the CFPB, the new Closing Disclosure and Loan Estimate forms and explains what happens now that these new forms are live. To provide insights as to how these new disclosures will impact Financing requirements, Miguel Muniz of Cornerstone Home Lending will present the Lender's Perspective of the new TRID guidelines.

Learning objectives:
The origins and powers of the CFPB and What it means for Realtors.
What transactions are affected and which are exempt.
An Overview of the new forms that will be used.
The new Closing Disclosure (CD) and the specific delivery requirements of the CD.
Who will be preparing and who will be receiving the CD?
How will changes to the CD be made and what are the Re-Disclosure requirements?
How the new CFPB requirements may affect your contract terms and your closing dates.
Seller and Hard Money Lender financing under the CFPB rules.
Revisions to the FR/BAR and CRSP contracts to accommodate the CFPB rules.

Presented by:
Eric Bergknoff, Esq.
Regional Counsel, First International Title
Miguel Muniz
Area Sales Manager, Cornerstone Home Lending

Sponsored by: First International Title and Cornerstone Home Lending

FREE to RAPB Realtor Members!

BOCA - Boca Raton Location: 3200 N Military Trail #102
BOCA - Boca Raton Location: 3200 N Military Trail #102
3200 North Military Trail #102
Boca Raton, FL 33431

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