There are a lot of interesting things happening to the mortgage industry due to the market flux. One of the main items of interest is the legislation currently in congress. Here is an overview of what may be coming soon. FHA Reform There have been a couple FHA Reform bills in congress. One of them [...]
Press Release from the House Committee on Financial Services: For Immediate Release: November 6, 2007 Financial Service Committee Approves Comprehensive Mortgage Reform and Anti-Predatory Lending Legislation Washington, DC - The House Committee on Financial Services today approved historic bipartisan mortgage reform legislation and anti-predatory lending practices by a vote of 45 to [...]
If you're reading this article, you may be asking what the benefits are of using a mortgage license service. Acquiring a license is as simple as just sending an application to the state and waiting for the license to come in, right? Well, yes and no. Due to sensitive information handled by mortgage companies, the [...]