The Closing Disclosure gives the final terms and costs of a mortgage as you near the financing finish line. Some or all of the mortgage lenders featured on our site are advertising partners of ...
Your article “Agreement on Respa Problem, Not Solution” [June 23, page 1] begins by saying that “many bankers have acknowledged that confusing mortgage disclosures contributed to the housing crisis.” ...
After extensive testing of new forward mortgage disclosure forms, the Consumer Financial Protection Bureau proposed its final iterations of the disclosures Monday, as well as rules to expand consumer ...
A decision released last month by the U.S. Court of Appeals in Richmond, Virginia (the Fourth Circuit) declared that the Homeowners Protection Act does not require disclosures of LPMI or lender-paid ...
Alex J. Pollock explains that mortgage disclosures need to be simplified to help borrowers understand whether or not they can afford their mortgage loan. He explains how his one-page mortgage form ...
MRG Document Technologies (MRG), a provider of compliance and documentation services for the financial industry, announced the ability to offer initial disclosures to mortgage brokers in all 50 states ...
Passed in 1975, the Home Mortgage Disclosure Act (HMDA) requires financial lenders to disclose specific details regarding their residential mortgage loans. Specifically, lenders must report certain ...
The closing disclosure is one of the most important documents you’ll get during the mortgage process because it spells out all of the details of your home loan—including the money you’ll need to bring ...
ICBA seeking changes to help facilitate loans for building and permanent ownership of starter homes. The Consumer Financial Protection Bureau (CFPB) said Tuesday it is in the final stage of reviewing ...
Rocket Mortgage LLC and Charles Schwab Bank SSB have been hit with a lawsuit alleging violations of the Truth in Lending Act related to mortgage disclosures. Franz Bunnell filed the class-action ...