Can Changed Circumstances Reduce Lender Credits?
Good news in this week's compliance newsletter! So we've been seeing an issue since TRID loans started closing where lenders may be...
Caution: Investment Property Loans Not Exempt from All Regulations.
Just a word of caution, you may be able to classify a loan as "exempt" for some purposes, but make sure it's for all! As we've discussed...
Is there a Flood exemption for detached properties?
Yes there is. Here's the scoop! So by now you've heard the long-awaited Flood regulations are finalized. this comes to us from the...
Two issues we're seeing with NH loans and TRID: title insurance and trade-off tables.
There's so much confusion out there over new regulations. Here, we are just trying to quiet that down and help you survive the...
How to disclose the MassHousing Counseling fees?
Good news, there's a simple answer to this one. If you do loans with MassHousing, you are aware that borrowers must pay for Homebuyer...