Question: We are making a loan secured by a second trust and have just discovered that although the property securing the loan is in a flood hazard zone, there is no insurance on the propert
Don't copy or borrow forms from another bank. You may be borrowing a violation. After all, what makes you think they know more than you?
The act contains several changes to RESPA that affect notifications to customers. They are clearly intended to simplify compliance.
ACLU has filed a private lawsuit under the fair lending laws against a mortgage banker based in Mt. Laurel, New Jersey.
Question: We use several different attorneys to close mortgages. In our compliance audit, we discovered that they are not following the same procedures in filling out HUD-1s.