Tag Archives: TILA

Lender, escrow and referral fees

This chapter analyzes redundant charges imposed on buyers and sellers for the basic services necessarily rendered by lenders, escrow companies and title insurance companies to earn the primary fee they charge. The hidden costs surrounding a loan A homebuyer’s obligation to close escrow on a purchase agreement is typically conditioned by a contract provision requiring


The FHA-insured home loan

With the growing popularity of Federal Housing Administration (FHA)-insured financing, this article timely presents the requirements of the single-family mortgage insurance program administered by the Department of Housing and Urban Development (HUD) and the FHA.

Loan applications initiate the loan process

This article reviews the loan application process the transaction agent (TA) must guide his buyer through to ensure the buyer closes on the most advantageous loan terms available. Role of the transaction agent (TA) The ability of a buyer or an owner to obtain financing is an integral component of most real estate transactions, whether