SFL Real Estate News- New Aug 1 disclosure rules postponed until Oct.1

By
Real Estate Agent with South Florida Estate Homes Inc

SFL Real Estate News- New Aug 1 disclosure rules postponed until Oct.1

SFL Real Estate News- New Aug 1 disclosure rules postponed until Oct.1

 

TOP DEALS IN SOUTH FLORIDA TODAY..Please click the links below:-

FREE LIST of Today's Short sale homes for sale in Weston, Cooper City, Davie, Sunrise, Miramar, Southwest ranches, Plantation.

FREE LIST of Today's Foreclosures for Sale in Weston, Cooper City, Davie, Sunrise, Miramar, Southwest ranches, Plantation.

 

TODAY'S TOP STORIES

New Aug. 1 disclosure rules postponed until Oct. 1

CFPB announced the change yesterday, noting that the postponement doesn't cancel the previously announced enforcement buffer period for "good faith" compliance. Read more.

Housing trust funds get boost in state budget

Fla. lawmakers are poised to vote on a $78.7 billion state budget tomorrow. It includes $175M for affordable housing – the highest amount in eight years. Read more.

When will Fed raise short-term interest rates?

The Federal Reserve yesterday noted a strengthening economy and suggested interest rates that impact ARMs and influence FRMs will likely go up this year. Read more.

Foreclosure backlog eases, lenders take more homes

RealtyTrac: Fla. still has more homes in foreclosure than anywhere in the country, but the number of closed cases rose sharply in May. Read more.

U.S. regulators limit mortgage business for 6 banks

JPMorgan Chase, Wells Fargo, U.S. Bank, HSBC, Santander and EverBank haven't fully complied with mortgage regulations, says a Treasury Dept. office. Read more.

Comments (6)

Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Jacob, thanks for sharing these updates.  I guess we have a couple more months to get educated about the new rules.

Jun 18, 2015 11:55 AM
Jacob Thomas, Weston, Davie, Coopercity, Southwest Ranches, Miramar Realtor
South Florida Estate Homes Inc - Weston, FL
South Florida Estate Homes Inc.

That's True Silvia, this was coming in too fast!

 

Jun 18, 2015 12:34 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Jacob - This is good news, which will help everyone to learn more about the disclosures.

Jun 18, 2015 03:09 PM
Cheryl Dukes . . . . . Intown Atlanta
Solid Source Realty, Inc. - Atlanta, GA

Your news is hot off the press Jacob Thomas. You are on top of things. Thanks for keeping us all up to date on this important rules change.

Jun 18, 2015 11:50 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for keeping us updated with the latest news, Jacob.

Jun 19, 2015 08:47 PM
Jacob Thomas, Weston, Davie, Coopercity, Southwest Ranches, Miramar Realtor
South Florida Estate Homes Inc - Weston, FL
South Florida Estate Homes Inc.

Thanks guys for stopping by, Appreciate your comments!

Jun 19, 2015 11:04 PM

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