Duane's World of Real Estate

Entries Tagged as 'Origination Fee'

NEW LOAN DISCLOSURE RULES MAY CAUSE ESCROW DELAYS

July 27th, 2009 · No Comments

Under new rules adopted by the Federal Reserve Board, beginning July 30, 2009, mortgage lending will be subject to expanded disclosure requirements.  This may well be a good thing.  However, until everyone gets used to it, it also may cause occasional delays in closings.  First, some background.
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More than a few times home purchasers have been […]

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Tags: Mortgage Disclosure Improvement Act · Origination Fee · Nominal Rate · Regulation Z · Truth in Lending Act · Good Faith Estimate · RESPA · Note Rate · Interest Rates · Mortgage Funding · Mortgage Lending · Bob Hunt · Federal Reserve Board · Home Buyers · Annual Percentage Rate · Loan Fees · Disclosure

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