I try to post important information about the mortgage industry on our site as it affects the majority of home-buyers and home-owners. In August of 2010 the Federal Reserve Board issued final rules on loan originator compensation to go into effect on April 1, 2011. The Federal Reserve rules tie in with Dodd-Frank Wall Street [...] Read more
Tag Archives: Mortgages
Real Estate Nationwide
Tacoma Home Loans
There have been major overhauls in the mortgage industry over the past several years with loan programs going away, qualifications getting more restrictive and an increase in documentation and disclosures for borrowers. The US Department of Housing and Urban Development (HUD) has introduced new elements to the Real Estate Settlement Procedures Act (RESPA) many of which [...] Read more
