CFPB and the Changes Taking Place in the Real Estate Industry



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09 Dec

12/09/2015 PBG 1:00PM CFPB and the Changes Taking Place in the Real Estate Industry

12/09/2015 PBG 1:00PM CFPB and the Changes Taking Place in the Real Estate Industry

Wednesday, December 9, 2015 (1:00 PM to 3:00 PM)
0 CE Hours
Palm Beach Gardens Location: 4880 Donald Ross Road #110, Palm Beach Gardens, Florida Contracts/Leases, Finance, Free, Palm Beach Gardens

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

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This CFPB Readiness Course provides 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!

Palm Beach Gardens Location: 4880 Donald Ross Road #110
Palm Beach Gardens Location: 4880 Donald Ross Road #110
4880 Donald Ross Road #110
Palm Beach Gardens, FL 33418

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