TRID is the new federal consumer disclosure law that’s turning the real estate industry on its head. TRID will significantly change the way a mortgage lender discloses to consumers the …
Using Gift Funds Towards Your Home Purchase
There are many home buyers who are fortunate to receive family help towards their down payment or closing costs. If you count yourself among these home buyers using gift funds …
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Confusion Over Reverse Mortgages Is Symptom of Larger Problem.
According to a recent report from the Consumer Financial Protection Bureau (CFPB), a large portion of complaints received by the Bureau involve Reverse Mortgages. The seriousness of this is …
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ATTN Realtors: Is Your Company’s Marketing Agreement RESPA Compliant?
The Consumer Financial Protection Bureau (CFPB) is going after your marketing agreements – and with a vengeance. The CFPB has issued a series of rulings impacting Marketing Services …
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Still Think You Should Go To YOUR Bank For Your Mortgage? Here’s Yet MORE Proof You Should Stick With The Pros.
Haven’t you heard? It’s still a grueling process for borrowers to obtain a mortgage. And the mortgage industry is buried in regulation and compliance requirements that make the …
Debt & Equity Management. The Missing Piece of the Wealth Accumulation Puzzle.
Most Americans have the goal of owning their home free and clear. The “benefits” of eliminating their mortgage as quickly as possible have been programmed into the American psyche for …
