The Consumer Financial Protection Bureau (CFPB) has launched a new online toolkit to help REALTORS prepare for the implementation of the Truth in Lending RESPA Integrated Document (TRID) rule on October 3, 2015. Developed in collaboration with the National Association of REALTORS, the new website is designed to help real estate professionals understand the changes to the closing process and how to explain them to consumers.
Managing REALTOR risk
Buying or selling a home equipped with audio or video equipment comes with an inherent set of risks around privacy issues.
In this recently released video from the New Hampshire REALTORS Risk Management Subcommittee, NHAR attorney Matt Johnson and subcommittee chair Jim Lyons discuss those risks, and the best practices in order to minimize the potential impact on REALTORS and their clients.