There are currently two bills in the running to get a Safe Harbor on TRID that you need to support.
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Comments
additional comments on "Urgent TRID Call to Action"
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I have met with Congressman Leonard Lance on several occasions and there is nothing he is more committed than eliminating Dodd-Frank all together. He believes that if a Republican President is elected, he will propose the bill and he will have enough support to eliminate it.
I don't think anyone will be commenting about their MSA(s) and how it operates on here.
The House and Senate bill are needed to prevent lawyers from suing. And the action is to contact the White House not to veto, not just congress. The House vote was 71% in favor and maybe indicates a viable veto overturn but the administration should be told a veto is unjustified.
Released Today: http://files.consumerfinance.gov/f/201510_cfpb_compliance-bulletin-2015-05-respa-compliance-and-marketing-services-agreements.pdf
As a Mortgage Lender, I just lost a deal to a Builders, MSA Lender. The Builder gave the client a $6000 credit to use their lender, of which they could not get if they used me. It seems obvious to me that this is illegal. But, how can I fight it or who can I turn to?
People should be ready. TRID is not going anywhere. No matter who is in office dodd/frank is not going anywhere, cfpb is not going anywhere. I'd be very disappointed if the cfpb did not go after msa's. I have first hand experience with a real estate office printing in their contract, still do, the buyer will use their title company. How many buyers do you think even know they have an option when they sign this? Home builders without a msa have sent home buyers directly to their lender and title company with a clear promise it is the best deal for them, even when it is not.
Builders have been doing this for more than 10 years in AZ. Their lobbying is too strong to State officials to get it stopped.
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Hello Every One, I am Tammy From Ohio U.S.A, I quickly want to use this medium to shear a testimony on how God directed me to a Legit and real loan lender who have transformed my life from grass to grace, from being poor to a rich woman who can now boast of a healthy and wealthy life without stress or financial difficulties. After so many months of trying to get a loan on the internet and was scammed the sum of $3,500 i became so desperate in getting a loan from a legit loan lender online who will not add to my pains, then i decided to contact a friend of mine who recently got a loan online, we discussed about the issue and to our conclusion she told me about a man called Mr Kelvin James who is the C.E.O of Kelvin james loan company So i applied for a loan sum of (150,000.00USD) with low interest rate of 2%, so the loan was approved easily without stress and all the preparations where made concerning the loan transfer and in less than two(2) days the loan was deposited into my bank so i want to advice any one that needs a loan to quickly contact him via: (kelvinjamesloancomany@gmail.com) he does not know am doing this i pray that God will bless him for the good thing he has done in my life.
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Hello Every One, I am Tammy From Ohio U.S.A, I quickly want to use this medium to shear a testimony on how God directed me to a Legit and real loan lender who have transformed my life from grass to grace, from being poor to a rich woman who can now boast of a healthy and wealthy life without stress or financial difficulties. After so many months of trying to get a loan on the internet and was scammed the sum of $3,500 i became so desperate in getting a loan from a legit loan lender online who will not add to my pains, then i decided to contact a friend of mine who recently got a loan online, we discussed about the issue and to our conclusion she told me about a man called Mr Kelvin James who is the C.E.O of Kelvin james loan company So i applied for a loan sum of (150,000.00USD) with low interest rate of 2%, so the loan was approved easily without stress and all the preparations where made concerning the loan transfer and in less than two(2) days the loan was deposited into my bank so i want to advice any one that needs a loan to quickly contact him via: (kelvinjamesloancomany@gmail.com) he does not know am doing this i pray that God will bless him for the good thing he has done in my life.
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