New Regulations for Mortgage Lenders. - 08/16/08 10:24 PM
Governor Phil Bredesen recently signed the resived Mortgage Act which has new regulations in place to protect consumers and increase scrutiny of the mortgage industry in Tennessee.  The Mortgage Act requires criminal background checks for anyone applying for a loan originator license.  The Act also allows the state to check an applicant's history in the mortgage industry through a nationwide mortgage licensing database.  Lenders are now also required to undergo educational training that includes course work on ethics.  There were 16,007 licensed mortgage originators at the end of 2007.  This number has decreased to 12,464 originators currently.
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Massive Development Coming to Wilson County. - 08/16/08 10:15 PM
A new development is planned for Wilson county at I-40 and Beckwith Road.  Preliminary plans call for a 523-acre project that includes single family homes and townhomes, apartments, commercial office space, a town center, and a retail area.  The project also includes a city park along with community gardens and ball fields.  The development is described as being similar to Indian Lake Village in Sumner county. 
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