The TILA-RESPA rule (TRID) is proposed to go into effect this year on October 3. Buyer’s Agents will need to be aware of 3 main things: what type of loan product their client is using to purchase, the expected closing date and if their title partner is approved to do business with their client’s lender of choice. 417 more words
Tags » Closings
Palm Beach’s longstanding 264 The Grill has closed its doors after nearly 40 years in business, reports the Palm Beach Daily News.
The restaurant’s owners, Avery Watson and Patricia Gatti, say they plan to reopen not too far away in either Palm Beach or West Palm Beach, the Shiny Sheet reports. 141 more words
There are specific record retention requirements of the closing disclosure for the TILA-RESPA rule. Do your lending partners comply?
The creditor must retain copies of the closing disclosure and all related documents for 5 years after consummation. 128 more words