Conventional wisdom holds that low-down payment mortgages approved for borrowers who really couldn’t afford home ownership costs, and who ultimately defaulted on their loans, contributed much to the implosion of… Read More »
News
Many prospective homebuyers assume they won’t be able to obtain a home mortgage and so aren’t even attempting to purchase homes as a result. Although nearly one-third of the consumers… Read More »
What’s worse than a trip to the dentist? Spending time with a financial adviser, according to respondents to a recent survey, 17 percent of whom said that given the choice,… Read More »
Some industry analysts are pessimistic about the outlook for the housing market; others are uncertain. Pat Stone, President and CEO of Williston Financial Group (WFG National Title’s parent company) is… Read More »
To: Settlement Agents Bank of America continues to prepare for the Consumer Financial Protection Bureau’s (CFPB) Integrated Mortgage Disclosures rule under the Real Estate Settlement Procedures Act (Regulation X) and… Read More »
To: Settlement Agents As Bank of America prepares for how new Consumer Financial Protection Bureau (CFPB) rules will impact us as a lender, it is our goal to share with… Read More »
TILA-RESPA Integrated Disclosure Rule In the September 24 issue of our settlement agent communication, Wells Fargo announced that we would control the generation and delivery of the borrower Closing Disclosure… Read More »
Proposal Would Provide Surviving Family Members and Other Homeowners with Same Protections as Original Borrower WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) proposed additional measures to ensure… Read More »
Everybody has one. It’s rare we get to share it online in a way that truly shows what we’re all about though. Story wants to change that. From their website: “Your… Read More »
The escrow process can seem a bit foreign to many home buyers, especially if they are first-timers. Here’s a quick and easy explanation that lays out the nuts and bolts.*… Read More »