Are agents clueless about new mortgage disclosures?

Are agents clueless about new mortgage disclosures?

Not at Florida Luxury Realty. With continuous training daily all our Agents are ready to go. The only question we have is are the Lenders ready. With all this added responsibility of the proposed New Dodd-Frank Act Lenders will have the control of how and when closings will happen. It’s public knowledge that they don’t have their materials ready on time now for closings and now they will be responsible for “mailing” private documents to the buyers giving them no explanation as to what they are receiving and giving the seller no protection as to an actual closing which could take their home off the market for months! If you didn’t read my article on this about a week ago it’s pretty interesting >>>  https://melissarobertsrealtor.wordpress.com/2015/07/23/dodd-frank-which-way-do-we-go/

this way that way

Reference: Courtesy of Florida Realtors Are agents clueless about new mortgage disclosures

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