mortage: Changes That Could Affect Many Buyers
- 06/25/10 01:31 PM
Important Changes to Mortgage Underwriting Could Affect Many Buyers By Jim Dinkel and Ken Trepeta The real estate industry and especially the mortgage industry have been overwhelmed with changes, regulations and consolidations recently. In the last couple of months, many transactions nationally have experienced delayed closings or worse as a result of the application of new guidelines affecting APR, Good Faith Estimates (GFE), Truth in Lending (TILA) and condo project approvals to name a few. There is one more issue that is critical for real estate agents, loan officers, and anyone else who deals with consumers purchasing a home or obtaining (0 comments)