Real Estate: Don’t TRID on Me.

If it applies to you, you have heard plenty about the the TILA-RESPA Integrated Disclosure (TRID). Be advised that you will undoubtedly hear a lot more before August 1 — the day of implementation. And you have probably heard about the so-called grace period — whereby the feds at CFPB are giving lenders and closers a little bit of slack on the enforcement. Good luck on that.

Consumer Complaint Update: You Can Write a Narrative But CFPB Probably Won’t Read It.

No. 1,134 DS News, a newsletter for home loan mortgage servicers and lenders, reports on an industry study of  the federal Consumer Finance Protection Bureau’s consumer complaint database.  CFPB has been taking consumer complaints against lenders and their minions for several years and storing them in a publicly available data base.  But they reportedly never […]

Link to CFPB Sample Real Estate Closing Forms.

No. 1,130   Here’s a link to the new  sample forms promulgated by the CFPB (Consumer Financial Protection Bureau) for real estate closing disclosures that will be required for loans originated after August 1, 2015. If you are accustomed to using the HUD 1 settlement statement, you’ll find the essence of it integrated into the […]

Welcome

CLIFF TUTTLE has been a Pennsylvania lawyer for over 45 years and (inter alia) is a real estate litigator and legal writer. The posts in this blog are intended to provide general information about legal topics of interest to lawyers and consumers with a Pittsburgh and Western Pennsylvania focus. However, this information does not constitute legal advice and there is no lawyer-client relationship created when you read this blog. You are encouraged to leave comments but be aware that posted comments can be read by others. If you wish to contact me in privacy, please use the Contact Form located immediately below this message. I will reply promptly and in strict confidence.

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