Real estate blog entries tagged with call to action by Lakewood Lending Group, LLC (NMLS#132141)

Channels
Consumer
Professional
States
USA
- AL
- AK
- AZ
- AR
- CA
- CO
- CT
- DE
- DC
- FL
- GA
- HI
- ID
- IL
- IN
- IA
- KS
- KY
- LA
- ME
- MD
- MA
- MI
- MN
- MS
- MO
- MT
- NE
- NV
- NH
- NJ
- NM
- NY
- NC
- ND
- OH
- OK
- OR
- PA
- RI
- SC
- SD
- TN
- TX
- VI
- UT
- VT
- VA
- WA
- WV
- WI
- WY
Canada
- AB
- BC
- MB
- NB
- NL
- NT
- NS
- NU
- ON
- PE
- QC
- SK
- YN

Home : Blogs : Jeremiah Wean (NMLS#132221) : Indiana USDA Home Loan Professional : Tag "call to action"

call to action: Call to Action: Proposed Regulation Z Revisions - 12/22/09 11:38 AM

Consumers have long benefited from the use of the Yield Spread Premium to offset some or all of their closing costs. The Proposed rule revising Regulation Z, specifically Docket Number R-1366 would eliminate the ability to pay for closing costs using Yield Spread Premium. This would increase the amount of money consumers would need for closings.
You might be asking Why would the Government want eliminate the ability of someone else to pay for a consumers closings costs?
The proposed rule equates Yield Spread Premium to a kickback, instead of the net present value of the future revenue from the mortgage … (0 comments)

Related Links:

Jeremiah Wean (NMLS#132221)

Indianapolis, IN

More about me…

Lakewood Lending Group, LLC (NMLS#132141)

Address: 10218 Windward Pass, Fishers, IN, 46037

Office Phone: (317) 401-9700 x 101

Email Me

Links

Archives

Find IN real estate agents and Indianapolis real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.