Effective date of changes 1/10/14.
Application dates prior to 1/10/14 with TBD and real deal dates after 1/10/14. Do the new rules effective 1/10/14 apply to application dates or property address dates when the loan becomes a real deal? IMO I think it's all based on application date, regardless of property address date. However, much disagreement. Has anyone else run into this and what are your thoughts?