RPI Forms 310 and 311 inform buyers and sellers on the amounts they either have available to fund the purchase of a property or will receive on a sale of their property.
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Understand the components of the Uniform Residential Loan Application and guide your buyer through the closing process.
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Even with the CFPB’s vastly improved mortgage disclosures, double apping is still the way for borrowers to get the best deal.
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We dissect the CFPB’s new forms and offer a solution to their shortcomings.
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Even if homebuyers diligently practice safe spending prior to closing, they are still susceptible to last minute surprises due to permissible but deceptive lender behavior.
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Compared with the old mortgage disclosure forms, do you think these new forms will be easier for...
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Do you represent buyers who receive more than one good faith estimate (GFE) from a single lender?...
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This article disputes the claim that Wall Street is a vital component of a thriving economy and argues the current mortgage lending environment actually stifles the upward mobility of the middle class.
Read MoreAnnual default premiums (MIPs) on 30-year Federal Housing Administration (FHA)-insured loans for homebuyers with less than 5% down payment rose to 1.1 or 1.15% of the home value from 0.85 or 0.9%, effective April 18, 2011. For a...
Read MoreGet your buyer the best financial advantage — submit multiple loan applications and compare.
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