The document provides updates and information about changes to continuing education requirements, fees, and forms related to real estate. Effective January 1, 2015, continuing education must be completed before license renewal to avoid fees. The Consumer Financial Protection Bureau will regulate mortgages starting August 1, 2015, bringing new disclosure forms and timelines. Realtors should extend closing timelines to accommodate the new forms and process. Training will be provided on new tools and technologies to help agents adapt to the changes.
Urgent Update - Three things Developers must change in their Construction Con...Stephen Pyman
The document provides information on key contacts and office details for CDI Lawyers, including contact information for three principals - Stephen Pyman, Gareth Rogers, and Josh Kemp. It also outlines three urgent changes that developers must make to their construction contracts in 2015 in light of recent amendments to BCIPA and recent Supreme Court decisions. Developers must understand the new BCIPA timelines and cases and amend contracts accordingly, decide on a process for payment claims over $750,000, and ensure termination for convenience clauses survive termination.
Kolaborasi antara model Karin dan fotografer Andreawan untuk sesi foto majalah. Sesi foto diambil di kamar apartemen mewah dengan konsep model duduk diam memandang keluar jendela untuk menyampaikan perasaan tidak pasti. Foto diharapkan menampilkan nuansa suram sesuai ekspresi model dengan pencahayaan dari Canon EOS 5D Mark II.
Este documento presenta un proyecto para crear un fanfic basado en la vida y obra del poeta español Antonio Machado. Primero, explica qué es un fanfic y proporciona información biográfica sobre Machado y sus poemas. Luego, detalla las actividades del proyecto, que incluyen aprender sobre la poesía lírica, analizar poemas de Machado, y finalmente escribir un fanfic que se deriva de la vida de Machado o del romance "La tierra de Alvargonzález". El objetivo es que los estudiantes se familiaricen con
El documento resume la agenda institucional para el mes de noviembre, indicando que habrá 2 días festivos, 2 convivencias, 2 jornadas pedagógicas de evaluación, 1 día de la cosecha, 2 días de supletorios, la premiación de olimpiadas, 1 semana de habilitaciones y 1 entrega de resultados.
The document provides updates and information about changes to continuing education requirements, fees, and forms related to real estate. Effective January 1, 2015, continuing education must be completed before license renewal to avoid fees. The Consumer Financial Protection Bureau will regulate mortgages starting August 1, 2015, bringing new disclosure forms and timelines. Realtors should extend closing timelines to accommodate the new forms and process. Training will be provided on new tools and technologies to help agents adapt to the changes.
Urgent Update - Three things Developers must change in their Construction Con...Stephen Pyman
The document provides information on key contacts and office details for CDI Lawyers, including contact information for three principals - Stephen Pyman, Gareth Rogers, and Josh Kemp. It also outlines three urgent changes that developers must make to their construction contracts in 2015 in light of recent amendments to BCIPA and recent Supreme Court decisions. Developers must understand the new BCIPA timelines and cases and amend contracts accordingly, decide on a process for payment claims over $750,000, and ensure termination for convenience clauses survive termination.
Kolaborasi antara model Karin dan fotografer Andreawan untuk sesi foto majalah. Sesi foto diambil di kamar apartemen mewah dengan konsep model duduk diam memandang keluar jendela untuk menyampaikan perasaan tidak pasti. Foto diharapkan menampilkan nuansa suram sesuai ekspresi model dengan pencahayaan dari Canon EOS 5D Mark II.
Este documento presenta un proyecto para crear un fanfic basado en la vida y obra del poeta español Antonio Machado. Primero, explica qué es un fanfic y proporciona información biográfica sobre Machado y sus poemas. Luego, detalla las actividades del proyecto, que incluyen aprender sobre la poesía lírica, analizar poemas de Machado, y finalmente escribir un fanfic que se deriva de la vida de Machado o del romance "La tierra de Alvargonzález". El objetivo es que los estudiantes se familiaricen con
El documento resume la agenda institucional para el mes de noviembre, indicando que habrá 2 días festivos, 2 convivencias, 2 jornadas pedagógicas de evaluación, 1 día de la cosecha, 2 días de supletorios, la premiación de olimpiadas, 1 semana de habilitaciones y 1 entrega de resultados.
The document summarizes information from two newsletters - the South Dakota Real Estate Commission newsletter and the South Dakota Appraiser Certification Program newsletter. It provides reminders about license renewals and errors and omissions insurance deadlines. It also discusses the Small Business Administration easing loan standards for real estate businesses and upcoming holidays that the commission offices will be closed.
The document discusses the new Loan Estimate and Closing Disclosure forms that will replace current mortgage disclosure forms starting October 3, 2015 per new rules from the Consumer Financial Protection Bureau (CFPB). Key points include:
- The new forms aim to simplify and improve disclosures by combining several forms into two, using clear language, and highlighting important information like costs and payments.
- Lenders must provide borrowers the Loan Estimate within 3 days of application and the Closing Disclosure at least 3 days before closing.
- The changes apply to most closed-end mortgages but not all transactions. Closings typically will not require extra time but occasional delays are possible during the transition period.
- Performance based contracting (PBC) emphasizes measuring outcomes like quality and results rather than process, uses performance standards and incentives/penalties tied to payment.
- PBC aims to encourage innovation, lower costs through competition while improving performance, and share some risk with contractors to incentivize achieving outcomes.
- Georgia is interested in PBC to promote achieving outcomes, identify priority areas, evaluate programs, and document accountability. Private agencies are interested in more flexibility and partnership.
- Challenges include defining reliable outcomes and baseline data, and managing other systemic factors impacting performance.
This document summarizes new federal regulations affecting the mortgage industry as of 2009. It outlines four key changes: 1) the Home Value Code of Conduct establishes appraiser independence; 2) the Housing & Economic Recovery Act requires earlier disclosures and limits last-minute changes; 3) the Home Ownership and Equity Protection Act covers high-cost loans; 4) the Real Estate Settlement Procedures Act changes disclosures and fees. Lenders must comply with these regulations, which eliminate rush closings and severely limit closing changes.
- L&G Mortgagebanc is a mortgage origination company established in Arizona for 25 years that offers an alternative model for loan officers called MPower.
- Under the MPower model, loan officers can originate loans and build their business without the typical risks and capital requirements as L&G handles all processing, underwriting, marketing support, and back office work.
- Loan officers are given competitive rates, a variety of loan programs, training, and support to help them originate more loans and build a residual income stream.
- L&G Mortgagebanc is a mortgage origination company established in Arizona for 25 years that offers an alternative model for loan officers called MPower.
- Under the MPower model, loan officers can originate loans and build their business without the typical risks and capital requirements through support like marketing, loan processing, and a team of underwriters.
- Loan officers are given competitive rates and programs, training and marketing support, and earn origination fees plus backend fees on funded loans. They can build a residual income stream and recruit other loan officers.
This document provides an agenda and materials for an 8 hour continuing education course for loan originators. The course covers federal lending laws including TILA, RESPA, HMDA, appraisal rules, and the TRID rule. It also discusses non-traditional lending, ethics, consumer protection, fair lending, and mortgage fraud. Presentation materials include case studies, questions for discussion, and a quiz. A separate 1 hour section focuses on Washington state-specific requirements and includes a DFI rulemaking update, security best practices, and a case study on a DFI enforcement action.
This document provides an overview of a webinar presented by Stearns Lending on RESPA compliance for brokers. It discusses the changes to RESPA regulations over time and common errors seen in RESPA documentation. The webinar agenda covers GFE requirements, changed circumstances, pre-approvals, and common closing errors. Brokers are encouraged to use tools like the AutoGFE program and changed circumstance form to help ensure accurate RESPA documentation.
CFPB rules passed in 2013 take effect this year. August 1, 2015 is the date the changes take effect. Anyone not using the new forms after August 1 faces compliance violations, fines, and penalties.
This document outlines a home and auto insurance benefits group program for associations. It discusses the advantages for both the association and its members, including no cost to implement the program, competitive rates, and 24/7 claims assistance. Key roles for the group, agent, and insurance companies are defined. A sample marketing plan and pre-launch plan with various communication opportunities are also provided.
1. The presentation provided best practices for 1099 reporting from Sovos Compliance, including implementing a year-round process, using e-statements, applying federal form limits, including notes on forms, and implementing TIN/name matching to avoid penalties.
2. Current and future challenges for the tax reporting industry include expedited due dates and increased penalties for 2017.
3. Recommendations were provided to improve processes, such as analyzing past performance, implementing prevention strategies, and working with experts to ensure compliance.
Project Storyboard: Reducing Cycle Time for Bid Tab Creationby 33%GoLeanSixSigma.com
Think it's impossible to make a significant change in government? Well, it's not easy, but GoLeanSixSigmna.com Black Belt Pamela Kuehling made a real difference from the inside. She overturned countless "honest wrong beliefs" with facts and data by modeling the Lean Six Sigma approach in her work and won over the doubters.
Initially the overall procurement process was the focus, but when that proved to be too big, she scoped it down to a more manageable project that can now be the basis for an expanded improvement. Her improvement was meaningful, but a bigger victory was in bringing critical and logical thinking into an environment often impacted by less scientific influences!
The document summarizes key regulatory developments from the SEC, FINRA, CFTC and NFA in response to the COVID-19 pandemic. Temporary relief has been provided around filing deadlines, independent testing requirements, and treatment of PPP loans for capital purposes. FAQs have been posted to provide guidance in areas like prompt check transmittal, annual reporting, and custody rules. Firms should document any reliance on temporary relief.
The document summarizes new regulations under the Mortgage Disclosure Improvement Act (MDIA) that affect mortgage disclosures, closing dates, and fees. Key points include that fees cannot be collected until initial disclosures are received, the earliest closing date is 8 days after disclosures, and changes to the Annual Percentage Rate may require new disclosures 3 days before closing. The regulations aim to increase transparency and consumer protection in the mortgage industry.
The document provides information about the TRID (TILA RESPA Integrated Disclosure) rule which combines mortgage disclosure forms to help borrowers better understand loan fees, terms, and closing costs. Under the new rule, borrowers will receive a Loan Estimate form within 3 days of applying which estimates closing costs, and a Closing Disclosure form 3 days before closing which provides final costs. The timeline outlines the typical process from application to closing.
The new Consumer Finance Protection Bureau (CFPB) TILA-RESPA
Integrated Disclosure (TRID) regulations have already caused frenzy in
the mortgage industry, but it's not over yet.
One of the biggest and most confusing changes under TRID are coming
on October 3, 2015, the date lenders and real estate settlement agents
must start using two new forms: the Loan Estimate (LE) and the Closing
Disclosure Form (CDF). In some situations, the new forms will replace
old forms by combining the overlapping data requirements of four of the
current Truth in Lending Act (TILA) and Real Estate Settlement
Procedures Act (RESPA) forms into just two forms.
The document discusses changes to mortgage disclosure forms and processes in the United States, effective August 1, 2015. Specifically, it summarizes that the new TILA-RESPA Integrated Disclosure (TRID) rule will discontinue the Good Faith Estimate (GFE), HUD-1 settlement form, and Truth in Lending Act (TILA) forms, replacing them with new Closing Disclosure and Loan Estimate forms. The goal is to improve transparency for consumers in the mortgage process. Lenders and borrowers will need to prepare for changes to closing timelines and ability to make last-minute changes.
- David Eghbali, a former Wells Fargo loan originator, is suing the bank for wrongful termination.
- He claims Wells Fargo failed to provide him proper training on RESPA compliance over his 12 years at the bank.
- Eghbali alleges he shifted escrow fees to other customers to circumvent Wells Fargo's rate lock policy, but says this was due to flaws in the bank's policy that should have been foreseen.
- He also argues Wells Fargo managers treated him in a mean manner.
California Real Estate Licensing Statistics Update and moreMark Kunce
California Real Estate Licensing Statistics Update and 5 Common Real Estate Licensing Application Deficiencies.
From July 2017 to March 2018, there were 40,173 exams administered, but only 17,792 people passed the California real estate exam and became a licensed salesperson, according to Bureau of Real Estate Forum May 4, 2018 Presentation in Sacramento.
To get your California Real Estate License, visit
http://www.kwlaquintarealestateschool.com (Palm Springs Area)
http://www.redlandsrealestateschool.com (Redlands)
http://www.sdrealestateschool.com (San Diego)
For more information, visit http://www.openhousespalmsprings.com/
Mark Kunce
www.markkunce.com
DRE# 01458113
Keller Williams Realty
Cell: 760-766-6093
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
The document summarizes information from two newsletters - the South Dakota Real Estate Commission newsletter and the South Dakota Appraiser Certification Program newsletter. It provides reminders about license renewals and errors and omissions insurance deadlines. It also discusses the Small Business Administration easing loan standards for real estate businesses and upcoming holidays that the commission offices will be closed.
The document discusses the new Loan Estimate and Closing Disclosure forms that will replace current mortgage disclosure forms starting October 3, 2015 per new rules from the Consumer Financial Protection Bureau (CFPB). Key points include:
- The new forms aim to simplify and improve disclosures by combining several forms into two, using clear language, and highlighting important information like costs and payments.
- Lenders must provide borrowers the Loan Estimate within 3 days of application and the Closing Disclosure at least 3 days before closing.
- The changes apply to most closed-end mortgages but not all transactions. Closings typically will not require extra time but occasional delays are possible during the transition period.
- Performance based contracting (PBC) emphasizes measuring outcomes like quality and results rather than process, uses performance standards and incentives/penalties tied to payment.
- PBC aims to encourage innovation, lower costs through competition while improving performance, and share some risk with contractors to incentivize achieving outcomes.
- Georgia is interested in PBC to promote achieving outcomes, identify priority areas, evaluate programs, and document accountability. Private agencies are interested in more flexibility and partnership.
- Challenges include defining reliable outcomes and baseline data, and managing other systemic factors impacting performance.
This document summarizes new federal regulations affecting the mortgage industry as of 2009. It outlines four key changes: 1) the Home Value Code of Conduct establishes appraiser independence; 2) the Housing & Economic Recovery Act requires earlier disclosures and limits last-minute changes; 3) the Home Ownership and Equity Protection Act covers high-cost loans; 4) the Real Estate Settlement Procedures Act changes disclosures and fees. Lenders must comply with these regulations, which eliminate rush closings and severely limit closing changes.
- L&G Mortgagebanc is a mortgage origination company established in Arizona for 25 years that offers an alternative model for loan officers called MPower.
- Under the MPower model, loan officers can originate loans and build their business without the typical risks and capital requirements as L&G handles all processing, underwriting, marketing support, and back office work.
- Loan officers are given competitive rates, a variety of loan programs, training, and support to help them originate more loans and build a residual income stream.
- L&G Mortgagebanc is a mortgage origination company established in Arizona for 25 years that offers an alternative model for loan officers called MPower.
- Under the MPower model, loan officers can originate loans and build their business without the typical risks and capital requirements through support like marketing, loan processing, and a team of underwriters.
- Loan officers are given competitive rates and programs, training and marketing support, and earn origination fees plus backend fees on funded loans. They can build a residual income stream and recruit other loan officers.
This document provides an agenda and materials for an 8 hour continuing education course for loan originators. The course covers federal lending laws including TILA, RESPA, HMDA, appraisal rules, and the TRID rule. It also discusses non-traditional lending, ethics, consumer protection, fair lending, and mortgage fraud. Presentation materials include case studies, questions for discussion, and a quiz. A separate 1 hour section focuses on Washington state-specific requirements and includes a DFI rulemaking update, security best practices, and a case study on a DFI enforcement action.
This document provides an overview of a webinar presented by Stearns Lending on RESPA compliance for brokers. It discusses the changes to RESPA regulations over time and common errors seen in RESPA documentation. The webinar agenda covers GFE requirements, changed circumstances, pre-approvals, and common closing errors. Brokers are encouraged to use tools like the AutoGFE program and changed circumstance form to help ensure accurate RESPA documentation.
CFPB rules passed in 2013 take effect this year. August 1, 2015 is the date the changes take effect. Anyone not using the new forms after August 1 faces compliance violations, fines, and penalties.
This document outlines a home and auto insurance benefits group program for associations. It discusses the advantages for both the association and its members, including no cost to implement the program, competitive rates, and 24/7 claims assistance. Key roles for the group, agent, and insurance companies are defined. A sample marketing plan and pre-launch plan with various communication opportunities are also provided.
1. The presentation provided best practices for 1099 reporting from Sovos Compliance, including implementing a year-round process, using e-statements, applying federal form limits, including notes on forms, and implementing TIN/name matching to avoid penalties.
2. Current and future challenges for the tax reporting industry include expedited due dates and increased penalties for 2017.
3. Recommendations were provided to improve processes, such as analyzing past performance, implementing prevention strategies, and working with experts to ensure compliance.
Project Storyboard: Reducing Cycle Time for Bid Tab Creationby 33%GoLeanSixSigma.com
Think it's impossible to make a significant change in government? Well, it's not easy, but GoLeanSixSigmna.com Black Belt Pamela Kuehling made a real difference from the inside. She overturned countless "honest wrong beliefs" with facts and data by modeling the Lean Six Sigma approach in her work and won over the doubters.
Initially the overall procurement process was the focus, but when that proved to be too big, she scoped it down to a more manageable project that can now be the basis for an expanded improvement. Her improvement was meaningful, but a bigger victory was in bringing critical and logical thinking into an environment often impacted by less scientific influences!
The document summarizes key regulatory developments from the SEC, FINRA, CFTC and NFA in response to the COVID-19 pandemic. Temporary relief has been provided around filing deadlines, independent testing requirements, and treatment of PPP loans for capital purposes. FAQs have been posted to provide guidance in areas like prompt check transmittal, annual reporting, and custody rules. Firms should document any reliance on temporary relief.
The document summarizes new regulations under the Mortgage Disclosure Improvement Act (MDIA) that affect mortgage disclosures, closing dates, and fees. Key points include that fees cannot be collected until initial disclosures are received, the earliest closing date is 8 days after disclosures, and changes to the Annual Percentage Rate may require new disclosures 3 days before closing. The regulations aim to increase transparency and consumer protection in the mortgage industry.
The document provides information about the TRID (TILA RESPA Integrated Disclosure) rule which combines mortgage disclosure forms to help borrowers better understand loan fees, terms, and closing costs. Under the new rule, borrowers will receive a Loan Estimate form within 3 days of applying which estimates closing costs, and a Closing Disclosure form 3 days before closing which provides final costs. The timeline outlines the typical process from application to closing.
The new Consumer Finance Protection Bureau (CFPB) TILA-RESPA
Integrated Disclosure (TRID) regulations have already caused frenzy in
the mortgage industry, but it's not over yet.
One of the biggest and most confusing changes under TRID are coming
on October 3, 2015, the date lenders and real estate settlement agents
must start using two new forms: the Loan Estimate (LE) and the Closing
Disclosure Form (CDF). In some situations, the new forms will replace
old forms by combining the overlapping data requirements of four of the
current Truth in Lending Act (TILA) and Real Estate Settlement
Procedures Act (RESPA) forms into just two forms.
The document discusses changes to mortgage disclosure forms and processes in the United States, effective August 1, 2015. Specifically, it summarizes that the new TILA-RESPA Integrated Disclosure (TRID) rule will discontinue the Good Faith Estimate (GFE), HUD-1 settlement form, and Truth in Lending Act (TILA) forms, replacing them with new Closing Disclosure and Loan Estimate forms. The goal is to improve transparency for consumers in the mortgage process. Lenders and borrowers will need to prepare for changes to closing timelines and ability to make last-minute changes.
- David Eghbali, a former Wells Fargo loan originator, is suing the bank for wrongful termination.
- He claims Wells Fargo failed to provide him proper training on RESPA compliance over his 12 years at the bank.
- Eghbali alleges he shifted escrow fees to other customers to circumvent Wells Fargo's rate lock policy, but says this was due to flaws in the bank's policy that should have been foreseen.
- He also argues Wells Fargo managers treated him in a mean manner.
California Real Estate Licensing Statistics Update and moreMark Kunce
California Real Estate Licensing Statistics Update and 5 Common Real Estate Licensing Application Deficiencies.
From July 2017 to March 2018, there were 40,173 exams administered, but only 17,792 people passed the California real estate exam and became a licensed salesperson, according to Bureau of Real Estate Forum May 4, 2018 Presentation in Sacramento.
To get your California Real Estate License, visit
http://www.kwlaquintarealestateschool.com (Palm Springs Area)
http://www.redlandsrealestateschool.com (Redlands)
http://www.sdrealestateschool.com (San Diego)
For more information, visit http://www.openhousespalmsprings.com/
Mark Kunce
www.markkunce.com
DRE# 01458113
Keller Williams Realty
Cell: 760-766-6093
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
Serviced Apartment Ho Chi Minh For RentalGVRenting
GVRenting is the leading rental real estate company in Vietnam. We help you to find a serviced apartment for rent in Ho Chi Minh & Saigon. Discover our broad range of rental properties in Vietnam.
For more details https://gvrenting.com/
4. Updates and Changes:
CE Deferral Fee Payment
Effective January 1, 2015, the fee is due at the time of agents renewal if receipt of course completion
documents for all required continuing education has not been received by TREC and in the system.
Even if you pay in advance weeks or months before if education hours not received you will pay the
fine which is a non-refundable fee even if completed before the deadline but TREC did not receive.
Don’t wait until the last minute any longer to meet your 15 hr. MCE requirement to renew your license.
Effective on January 1, 2015 all MCE must be completed and recorded with TREC and renewal fees
paid before the two-year license renewal date arrives. If not, there will be a $200.00 fee and the agent
will have 60 days to complete MCE before the license goes into Inactive status.
Change in Centralized Showing Fee for GG Agents
Effective January 1, 2015 CSS will charge Gary Greene agent a one-time set-up fee
/enrollment fee of $10 which is down from $50 and monthly will charge $22 down from $24.
ZipForm Renewals
Starting Thursday, Jan. 15, you will be prompted to renew your zipForm subscription.
You receive zipForm Plus, zipVault, and Digital Ink as part of your Texas Association of REALTORS®
dues. If you use only these products, it does not cost you anything to complete the renewal process.
If you currently use zipForm Standard (the desktop version), zipForm Mobile Edition, or another
product not included in your TAR member benefit, you will be asked to pay for these products at the
discounted rate given to Texas REALTORS®. It's your choice whether or not to renew these paid
products.
5. Updates and Changes:
CFPB – Consumer Financial Protection Bureau
Effective Date August 1, 2015
What is it?
It is a new government agency that now regulates
how mortgages are handled in the United States.
What has happened so far?
*Dodd-Frank Wall Street Reform and Consumer Act
is signed into law in July 2010
*The CFPB is now in charge of making sure the
consumer understands the mortgage process.
*The law also required the CFPB to combine
the Truth and Lending and the RESPA Disclosures
Since the Law what have they done?
*In February 2011 they started created new forms and had them reviewed by
consumers and continued to improve upon them.
*The goal of the forms is to improve consumer comprehension of the loan process
*Final rule on the forms was approved in November 2013
*Rule is effective for mortgage applications received starting August 1, 2015
6. New Terms to Know!
* CFPB- Consumer Financial Protection Bureau
*”Lender” is now “Creditor”
*”Borrower” is now “Consumer”
*TIL AND GFE are now the “Loan Estimate”
*HUD-1 is now the “Closing Disclosure”
*”Closing/Settlement” is now “Consummation”
How Does This Affect The Realtor?
*Timeline to Close (or Consummation)
*Starting July you will want to extend your Closing Dates on Contracts
*45 Day Close – Average?
*90 Day Close – Is what the CFPB uses as an Example
*Closing Disclosure must be 3 days before Consummation
*If in review any change in fees it could trigger a need to re-disclose
which is a new 3 day before Consummation can happen
*New forms to learn and know
*New “Loan Estimate” (Truth in Lending/Good Faith Estimate)
*New “Closing Disclosure” (HUD-1 Settlement Statement)
*Choice of Title and Lender partners is now more important
*Disruption of Service
*Who is going to prepare the documents?
*Some lenders will prepare instead of Title Company
*Any documents like POA, Trusts, Estate
may delay due to new required lender guidelines
8. TALKING TECH
Fill out Form to tell me what you want to learn
Video Training on New Tools Monthly
Roll Out of “How To” Training Video Topics
Video Links to be emailed and ready to view January 15th
From Zipform Plus to DocuSign for a Buyer
From Zipform Plus to DocuSign for a Seller
Video Links to be emailed and ready to view January 20th
Zipform Mobile
Zipform Mobile to DocuSign
Zipform Mobile TouchSign
Video Links to be emailed and ready to view January 25th
Zipform Templates
10. WEBSITES- NEED FACELIFTS ASAP
HAR Website, Gary Greene Website
BHG Website Profile (Greenhouse Profile)
www.bhgre.com
Relocation Website Profile
GG Premium Profiles on Zillow and Trulia
Realtor Domain now available Realtor.com Website
LISTING VIDEOS and LISTING WEBSITES IN PROGRESS
Posting Videos to MLS Listing and Shoots Out to YouTube
Listing Posted to Gary Green Friendswood YouTube Channel
HAR Website For Every Listing www.har.com/MLSnumber
Custom Extensive Website For Each Listing
SOCIAL MEDIA WEBSITES
Twitter, Linkedin, and Facebook Profiles
Listings Automatically posted to Social Media by HAR
15. 2014 Recap and Achievements:
GG-Written Volume $2,910,368,831 BILLION
GG-Units 10,459
GG-Closed Volume $2,464,358,032 BILLION
GG-Closed Units 8,839
2014 Friendswood Recap and Achievements:
TBD- Will send out once I receive reports
16.
17.
18. September 2014 Top Producer Awards
Listing Volume Leader – Martha Cotton $699,900
Listing Units Leader – The Martin Team – 4
Sales Leader – The Martin Team, Charlotte Broesche
October 2014 Top Producer Awards
Listing Volume Leader – Robin Geiler $1,077,900
Listing Units Leader – The Martin Team – 9
Sales Leader – The Martin Team, Andy Erskine
November 2014 Top Producer Awards
Listing Volume Leader – Donna McGahee $1,270,000
Listing Units Leader – The Martin Team – 3
Sales Leader – The Martin Team, Charlotte Broesche
December 2014 Top Producer Awards
Listing Volume Leader – Julie Maser $497,700
Listing Units Leader – Julie Maser – 3
Sales Leader – The Martin Team, Charlotte Broesche
Special Achievement- Charlotte Broesche
Relocation Bump Up, Highest Rating of all Relocation, and Cartus Referrals
19. BHGRE GARY GREENE, Friendswood Office, TOP 5
SEPTEMBER 2014
1. The Martin Team
2. Robin Geiler
3. Charlotte Broesche
4. Angela Reason
5. Donna McGahee
OCTOBER 2014
1. The Martin Team
2. Angela Reagan
3. Robin Geiler
4. Andy Erskine
5. Lori Hoskens
NOVEMBER 2014
1. The Martin Team
2. Robin Geiler
3. Charlotte Broesche
4. Andy Erskine
5. Angela Reagan
DECEMBER 2014
1. The Martin Team
2. Robin Geiler
3. Charlotte Broesche
4. Donna McGahee
5. Martha Cotton