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Loan Modification

: Blown Mortgage

New VA Loan GFE Rules

By Blaughridge

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The VA has recently offered some insight into how lenders should disclose loan origination fees in relation to the industry?s new Good Faith Estimate. Lenders and prospective military homebuyers alike should probably stop and take notice: Starting May 1, all VA loan applications must adhere to these new disclosure procedures. Revisions to the Real Estate Settlement Procedures Act, or RESPA, aimed to make the home-buying process more transparent for consumers. But there?s been some confusion amo read more

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Full post as published by Blown Mortgage on January 19, 2010 (boomark / email).

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