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New CFPB Tool for Real Estate Professionals

WILMINGTON, N.C. (August 20, 2015) - Recently, the Consumer Financial Protection Bureau (CFPB) launched a new online toolkit for all real estate professionals called the “Know Before You Owe” campaign. This toolkit was designed in close collaboration with NAR and helps real estate professionals understand the changes to the closing process, that will go into effect on October 3, 2015, and how to explain the changes to clients.

This latest development comes due to the CFPB’s implementation of the Truth in Lending RESPA Integrated Document (TRIAD). This website will prove to be a valuable tool for you adjusting to these changes.

Click Here to check out this new website and toolkit now!

 

You are here: Home Featured News New CFPB Tool for Real Estate Professionals