Tag Archive | "manufactured home lending"

Real Estate Settlement Procedures Act (Respa): Know Your Loan Ingredients!

Part II of a Three Part Series In Series Number One, we reviewed the merits of the Good Faith Estimate and its value to the borrower for transparent disclosure of facts and figures. In the Part Two, we need to address the “service” aspect of the Real Estate Settlement Procedures Act. [...]

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Know Your Loan Ingredients! Truth In Labeling For Borrowers

Part I of a Three Part Series When the FDA required food manufacturers to reveal the ingredients, nutritional value, calorie count and net weight on their product labeling, the big winner was the consumer.  The consumer wins again now that Department of Housing and Urban Development (HUD) has set a standard for loan transparency.  As of [...]

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