Entries by GRCC Admin

GRCC & TRID – What to Know

GOOSMANN ROSE COLVARD & CRAMER, P.A. ATTORNEYS AT LAW TILA-RESPA INTEGRATED DISCLOSURES (TRID) For Agents and your clients who apply for most residential mortgage loans after October 3, 2015 or represent a seller in a transaction governed by these new lending rules, the following are items that we think that you should know and be […]

GRCC & the Seven Pillars

ALTA, the national trade association that represents thousands of title and real estate professionals, maintains a list of Best Practices for the title and real estate industries, often referred to as the Seven Pillars. Below is an abridged description of these, as written by ALTA. The full text is in the Title Insurance and Settlement […]

TRID and You

In the wake of the 2008 mortgage crisis and in response to the Dodd-Frank Act, the Consumer Financial Protection Bureau (“CFPB”) developed and enacted the TILA-RESPA Integrated Disclosure (“TRID”) rule. TRID goes into effect October 3, 2015 and brings about numerous changes in the transactional real estate world. These changes affect everyone involved in closed-end […]