ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Lydia WheelerThe Consumer Financial Protection Bureau (CFPB) has finalized some changes to its “Know Before You Owe” mortgage rules.The new rule, gives creditors more time to draft disclosure forms. Now, creditors have three days to provide a revised loan estimate once a consumer locks in a floating interest rate. Previously, the loan estimates were due on the day the rate was locked.Another change will give creditors more leeway in revising estimates for construction loans. Because construction loans take longer to settle than other loans, the CFPB said estimated charges often change. Under the new rule, there is a space on the loan estimate form where creditors can notify consumers they could receive a revised estimate if the loan does not settle in 60 days.“The new ‘Know Before You Owe’ mortgage forms improve consumer understanding, aid comparison shopping, and help prevent closing table surprises for consumers,” CFPB Director Richard Cordray said in a news release on Tuesday. continue reading »
The Korean Register (KR) has appointed Hyung-chul Lee as its 24th Chairman & CEO. Image Courtesy: NavigatePR-KRHyung-chul Lee takes the helm at joined KR after over 30 years of service in the classification society, holding various senior roles, including head of Statutory Service and head of Overseas Business Development Team, head at several key regional offices, as well as the head of KR’s London branch office and head of KR’s Seoul branch office.He joined KR in 1988 and has until now held the position of Executive Vice President of KR.“I am honoured to be elected as Chairman & CEO of KR. Next year, the Korean Register will celebrate its 60-year anniversary and I will do my utmost to ensure that KR continues to uphold its commitment to make a unique contribution to the international maritime industry to promote safe shipping and clean environment.”“Today the industry is facing significant environmental, economic and technological challenges. I look forward to leading KR, as we provide specialist advice and tailored services, and apply the best technology and strong practical solutions to serve our customers and act as a reliable supporter contributing to the success of the wider international maritime industry.”The 24th Chairman & CEO’s term began on 23 December 2019 and runs for three years until 22 December 2022.
HARRY KANE insists he is no diver.Arsenal defender Sokratis was furious when Kane claimed a penalty when he was brought down by Sokratis in the 85th minute of a pulsating North London derby.4 Harry Kane easily went to ground under pressure from Sokratis in the dying minutes of the North London derbyCredit: AP:Associated Press4 The Spurs captain then insisted he is no diverCredit: AP:Associated PressEx-Manchester United defender Gary Neville accused the Spurs and England striker of diving.But Kane insisted: “The defender made a tired tackle and if that had happened on the halfway line I think it’s a definite foul.“The ref probably thinks I was looking for it but he came through the back of me.”It was 50-50 but VAR would probably have backed the ref in this anyway.”Neville said it was “essentially a dive” from Kane, who netted a first-half penalty for his TENTH goal in a North London derby.4 Kane argued with referee Martin Atkinson and Arsenal players after the incidentCredit: PA:Press Association4 Kane had earlier made it 2-0 to Spurs but Arsenal fought back to secure a 2-2 drawCredit: Richard Pelham – The SunNeville’s fellow Sky pundit Graeme Souness said: “I think Kane is looking for a penalty. He is waiting to go down.”The defender has got his hands on his back but that kind of contact would not justify that fall.”Jamie Redknapp added: “Harry was looking for a penalty. He uses his body as well as any striker.”MOST READ IN FOOTBALLTHROUGH ITRobbie Keane reveals Claudine’s father was ’50-50′ in coronavirus battleTOP SELLERGavin Whelan has gone from League of Ireland to David Beckham’s InstagramExclusiveRIYAD RAIDMan City’s Riyad Mahrez has three luxury watches stolen in £500,000 raidPicturedAN EYEFULMeet Playboy model and football agent Anamaria Prodan bidding to buy her own clubI SAW ROORodallega saw Rooney ‘drinking like madman’ & Gerrard ‘on bar dancing shirtless’NEXT STEPJonny Hayes set to move to English Championship having been let go by CelticREF RELEASEDChampions League ref Vincic released by cops after arrest in prostitution raidKEANE DEALEx Man United youth ace David Jones says Roy Keane negotiated a contract for himACCA WITH LADBROKES Pick up a whole load of acca features to help you land the big oneJose Mourinho reckoned: “I have seen a penalty for less but I would say no penalty.”Without the VAR I’d say no for sure but with VAR everybody is at risk.”I’ve seen worse.”