Industry News

Remote Online Notary Signed By Florida Governor

Last week was a big week for FLTA legislative priorities where on Friday Governor DeSantis signed into law HB 409 authorizing the use of remote online notarization by Florida notaries. The law will go into effect on January 1, 2020. The FLTA will now be shifting gears to focus on rule making and an education program for…

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Beginning-to-end Blockchain Deal Completed in Vermont

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Well-renowned industry disrupter Propy recently completed the first real estate transaction in Vermont, performed entirely on Blockchain, the company announced. About Propy Propy is a property listing platform, transaction platform, and decentralized registry that helps eliminate fraud and accelerate real estate transactions. In 2015, CEO Natalia Karayaneva founded Propy after being constantly frustrated by real…

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Industry Update: DFS Guidance on Third-Party Fees

On February 14, the Florida Department of Financial Services revised and replaced their recent interpretation regarding third party fees.  Per the new DFS statement “Title agencies are permitted to charge the third-party fees as long as the consumer has been notified.” Thank you to the FLTA for their immediate action and commitment to all title insurance…

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New HOA Estoppel Reform Law Benefits Property Owners

On June 15, 2017, the Florida HOA/COA Estoppel Certificate Reform bill – SB 398, was signed into law. The new law provides both the buyer and the seller with accurate information regarding any assessments, violations, or outstanding fees on the subject property. The new law will go into effect on July 1, 2017. An HOA…

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CFPB Information & Forms

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The Consumer Financial Protection Bureau (CFPB) has provided numerous online resources for information on the upcoming TILA / RESPA Integrated Disclosure Rule (TRID) changes. For a great deal of CFRB Information as it relates to TRID visit: TILA-RESPA Integrated Disclosure rule implementation – Numerous Guides, Forms & Sample Forms To narrow your search, review: Loan…

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TILA-RESPA Integrated Disclosures (TRID) News

US House Representatives and industry professionals ask for Implementation Delay and “Hold-harmless” period through the end of 2015 for implementing the new Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures (TRID) rule. Updates: CFPB TRID Implementation Date Official: October 3, 2015 >>Click to learn more CFPB’s Proposed TRID Implementation Delay Receives Strong Industry Support. Read more:…

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