The U.S. Consumer Financial Protection Bureau’s “Know Before You Owe” mortgage closing rule becomes effective on October 3, 2015. The new federal rule sets in motion sweeping changes to the disclosures borrowers receive about their mortgage loans and closing costs when buying or refinancing a home. After October 3rd, community associations and their managing agents will be required to provide very specific and accurate information earlier in the process.
In order to prepare you for these changes, Ronald L. Perl, Esq., the partner-in-charge of Hill Wallack LLP’s Community Associations Group, will be participating in a Live Webinar on Wednesday, September 2, 2015, from 2:00 p.m. to 3:00 p.m. Joining Ron will be Dawn Bauman, CAE, senior vice president of government and public affairs for Community Associations Institute (CAI) and C. Scott Canady of Tambala Strategy.
Earn Continuing Education Credit and learn about these important, new requirements and ask questions to help incorporate these new rules into your association’s everyday practice.
For more information and to register to attend this Webinar, click here.