We did an analysis of what effect the #TRID implementation had on the median days to close for all closings before the 10/3/2015 implementation of TRID and all closings under the new rule which were opened after 10/3/2015. Here’s the data for Refis (R) and Resales (S). We have...
Mastering real estate photography is a tricky prophecy and one that requires years of practice. Since you likely don’t have the time to rush out and earn a Bachelor of Arts in photography from an arts college, here are some tips that can help make...
The CFPB is requiring that the owner’s policy be disclosed as “optional” due to the fact that unlike the lender’s policy which is required by most institutional lenders in the country, an owner’s title insurance policy is not a transactional requirement nationwide. This new descriptor was...
C.L.U.E.® Home Sellers Disclosure Reports will no longer be available through American Trust Escrow or any other disclosure companies. LexisNexis®, the company that owns the C.L.U.E.® Report, has decided to discontinue the sale of the report through third party vendors such as California disclosure companies....
On October 9, 2015, the Los Angeles City Council passed an ordinance to establish mandatory standards for earthquake hazard reduction. Article1, Division 93 - Existing Buildings of wood-frame construction Applies to buildings where a permit for construction was applied for before 1/1/78 and the ground floor portion...
Pango Group, American Trust Escrow's parent company, has successfully completed a Statement on Standards for Attestation Engagement No. 16 (SSAE 16) SOC 1 & SOC 2 Type II audit. With the ever-evolving regulations mandated by the Consumer Financial Protection Bureau (CFPB), Pango Group is proud to...
May the good things of life be yours in abundance not only at Thanksgiving but throughout the coming year....
While we are a couple weeks into the new TILA-RESPA Rule implementation, there's still plenty to learn on how it affects your upcoming escrows! If you're feeling like you need a refresher course on the new Closing Disclosure, transaction timelines, or other general TRID facts, contact...
CFPB Regulations are the hottest topic in our industry right now. When the TRID rules take effect, there will be industry-wide changes that will alter the way you will process your sales and run your business. Not to be overshadowed is the risk of identity...
