Sean Cahan of Cornerstone Mortgage Group Hosts Event Luncheon

SAN DIEGO - July 29, 2015 - PRLog -- Cornerstone Mortgage Group, a full service mortgage company specializing in purchasing and refinancing announces an educational luncheon on the new Know Before You Owe mortgage disclosure rule, also called TRID (TILA RESPA Integrated Disclosure) rule, to be held at URBN Coal Fired Pizza in San Diego on September 2, 2015 from 11:30 a.m. to 2:30 p.m. Cornerstone Mortgage Group organized this event exclusively for real estate agents, title representatives and escrow officers in San Diego County to anticipate and prepare for the required expectations in the new TRID rule and implementation process.

Cornerstone Mortgage Group, Vice President, Sean Cahan, will host the luncheon along with guest speaker, David Luna of Mortgage Educators and Compliance (MEC). A presentation and a question and answer session will take place where various issues will be addressed as to how this ruling will affect real estate transactions after October 3, 2015.

“The Consumer Financial Protection Bureau (CFPB) implemented the TRID regulation which represents the new integrated disclosures for real estate transactions,” says Cahan. “There’s no need to fear this change. The purpose of our educational luncheon is to provide tools, tips and insights to effectively become TRID ready and compliant, especially as it relates to consumers, real estate agents, title representatives and escrow officers.”

Erik Jorissen, President of Cornerstone Mortgage Group stated, "We're committed to industry education and this includes the new TRID ruling. The one thing that real estate agents, mortgage originators, and buyers and sellers have in common, is that we want a successful, timely closing for real estate transactions. At Cornerstone Mortgage Group, we're committed to doing everything we can to execute timely transactions while maintaining industry compliance."

TRID is intended to simplify and reduce the paperwork and consumer confusion when navigating the mortgage loan process. The new forms that will accompany this change provide even more information to the consumer as it relates to interest rate, monthly payments and total closing costs.

For real estate agents, there are new time sensitive deliver requirements for closing disclosures that will be discussed.

If you are a real estate agent, title representative or escrow officer in San Diego County, and would like to attend this educational luncheon complimentary, please call 858-514-3600 ext.1022 to RSVP by August 26, 2015.

About Cornerstone Mortgage Group

Founded in 2007 and headquartered in San Diego, California, Cornerstone Mortgage Group is a fast growing mortgage banker with a seasoned team that provides high quality mortgage lending with integrity, customer service and ethical operations. Cornerstone offers over 90 loan products and hundreds of variations to suit individual circumstances and goals. For more information about Cornerstone Mortgage Group, please visit http://www.cstonemortgage.com.