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Our mortgage seminars are hosted by our mortgage team and trusted local real estate agents to answer your questions about searching for homes, types of loans available, and the steps involved in buying or selling a home. All events are offered at no charge and are open to the public, including non-members.
Some of the new mortgage rules will influence qualification requirements and the types of mortgages that borrowers get. The regulations, drawn up in 2013 by the Consumer Financial Protection Bureau, are now in effect. The gist of one of the main rules is simple: Lenders will be required to ensure.
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Upcoming BCG Webinars. BCG Webinars are an optional resource offered once a month over the Web. Topics include Levies and Executions, New Accounts Documentation, Flood Insurance and Doing Business with Family trusts. additional webinars will be posted below as.
New rules for reverse mortgages.. senior homeowners who want to cash out equity with a reverse mortgage will have to play by new rules when applying for a loan after the end of this month.
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The import and magnitude of this torrent of federal rules are difficult to overstate-the new regulations are sweeping and affect every aspect of mortgage lending, including modified 1 The American Bankers Association is the voice of the nation’s $17 trillion banking industry, which is composed of small,
· Compliance: New mortgage servicing rules now effective April 23, 2018 Thursday, April 19 marked the effective date of the second round of amendments to the Consumer Financial Protection Bureau’s (CFPB) mortgage servicing rules, finalized August 2016.
Exactly 10 years ago this month, then-Federal Reserve Chairman Alan Greenspan was asked if he had any concerns regarding the housing market. such as requiring lenders – through the qualified.
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