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Entries Tagged as 'truth in lending'

New Government Regulations For Mortgages

November 22nd, 2009 · 1 Comment · Uncategorized

Effective July 30 2009 a new set of mortgage regulations have been put in place in order to protect consumers by enduring they have the information they need on their mortgage terms.
The new regulations include:
Upfront fees cannot be collected prior to providing the initial mortgage disclosures.
The earliest a borrower can close is [...]

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