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How MDIA and HVCC will Impact Your Closing Date - 12/02/09 12:11 AM
This is a well written and detailed explanation of MDIA and HVCC. Required Reading for Real Estate Professionals and consumers entering into Real Estate transactions. Via Nicole Lahti, Austin Texas Mortgage (United Lending): If you're in Real Estate and have a pulse, you've experienced, or at least heard of, the frustrations caused by the HVCC process. Well, just as you started getting used to dealing with HVCC's inefficiencies, along comes MDIA (Mortgage Disclosure Improvement Act, also referred to as HERA), HVCC's slower, meaner sister. Ok, so before you start drowning in an alphabet soup of government legislation, let's quickly breakdown the legislations' rules,
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Mary Anne Daly, Queen of the Loan & Radio Show Host
Mill Valley,
CA
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Pacific Mortgage Consultants, NMLS #232164 CA DRE #01380812
Address: Mill Valley, Corte Madera, Tiburon, Sausalito, Marin City, San Anselmo, Novato, Greenbrae, Lagunitas, Woodacre, Point Reyes , Mill Valley, CA, 94941
Office Phone: (415) 381-1995
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