CFPB Education Tools “Owning A Home”
Choose WFG National Title Company when purchasing Title Insurance for your new home, WFG is a leader in compliance and CFPB awareness training.
CFPB (Consumer Financial Protection Bureau) has now launched the “Owning-aHome” program.
CFPB created this program to increase consumer awareness and help buyers with the home buying process. In the technology driven information age that we are living in, more and more people rely on the internet to provide answers to their questions.
The CFPB has introduced a new “Owning a Home” tool to educate consumers about mortgages and the closing process. Please visit the link below, the web page provides some basic information for consumers in helping them to understand loan options, it provides a closing checklist and a flyer with explanations for: HUD-1, Promissory Note, Right to Cancel Form, Truth in Lending Disclosure, Initial Escrow Disclosure and Deed of Trust / Mortgage.
This is also a site where you can retrieve buyers/borrowers educational information regarding real estate purchase or refinance transactions. Please check out the link below:
CONTACT WFG NATIONAL TITLE COMPANY’S COMPLIANCE TEAM FOR MORE INFORMATION. WE ARE HERE TO COLLABORATE WITH YOU!