Why do you receive so many unsolicited offers after you apply for something like a credit card, or a loan? The answer may surprise you, but the solutions are fairly simple!
Effective October 3, 2015, (extended from August 1, 2015) the Consumer Financial Protection Bureau (CFPB) will implement a rule intended to reconcile inconsistencies between two federal acts that regulate the mortgage qualification process. The new rule, known as TILA RESPA Integrated Disclosure (TRID), seeks to simplify standard loan documentation, limit fees charged to consumers, make documentation easier to understand, aid consumers in comparison shopping, prevent surprises at the closing table, and clarify timing requirements for disclosure of final loan terms and costs. Here’s what you need to know about the changes put forth by the new “Know Before You Owe Rule.”
As a busy professional, your time is precious. Taking time away from the daily grind to attend a conference is a big deal. Attending networking or professional development conferences can be really valuable for relationship building, recruiting, inspiration, vendor and partner sourcing, education, innovation, and new business opportunities. In order to maximize the return on your investment, you must have a plan.
Social Business = The Borrower’s Opportunity to Review Resumes
It’s impossible to ignore the impact that social business has on consumer habits, namely the rankings for services, sellers, and products. The concept of online ratings has quickly spread throughout various industries in our digitally driven society. But, what about real estate and loan services? As a consumer, where do you turn to evaluate a team of professionals to assist in what is likely the biggest financial decision of your life? How will you find someone you trust, with the knowledge required?