“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness . . . ”
– From Tale of Two Cities by Charles Dickens
vs. “Don’t Worry Be Happy”
– Lyrics by Bobby McFerrin
Are you prepared for August 1, 2015? How will the new Consumer Financial Protection Bureau (CFPB) rules impact your business? The Consumer Financial Protection Bureau (CFPB) has created a timeline example to illustrate, in calendar form, the process and timing of disclosures. Two national lenders, Wells Fargo and Bank of America, have separately communicated their approaches to implementation and compliance with the new rules.
Check out the Title Village blog for details and directions. Stay tuned to our blog for further updates on the changing face of residential real estate settlements.