Monday, November 23, 2015

TRID Mythbusters!

My 10 year old kid is trying to tell me that having an Ipad at school is mandatory. Now that is a rumor if I ever heard one....he just wants to get out of the punishment I dished out to him for getting behavior marks at school. Nice try big guy.
 
 Speaking of rumors......
 
 TRID Rumors We are Hearing- True or False!?
  • Buyers/Sellers cannot be in the same room at closing . FALSE!
  • The Pre Approval Letter must match the 3rd Party Financing Addendum. FALSE
  • Getting the TREC form signed allowing realtors to have a copy of CD/LE must be accepted by the lender. FALSE -Many lenders are not 'caring' if you have that form in the file. Legacy does! We will give you a copy if that form is signed!
  • Saturdays count as one of the 3 days for the CD Delivery. TRUE!  Legacy is working on Saturday this weekend to initiate CD's so borrowers can close Tuesday!
  
In the markets:
READ HERE to see what happened with rates this week!

Hope you have a safe and joyous Thanksgiving!

Upcoming Events
-
Prospects Seminar/Lunch & Learn:
Retirement Planning in the 
World Today
Monday, November 23rd
@ 12:00pm

At our office
*Lunch Included!*
-
Lunch & Learn:
TRID Best Practices
Tuesday, December 1st
@ 1:00pm

At our office
*Lunch Included!*

RSVP to Annette:
713-579-3606

Annette.ernstein@legacymutual.com

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