As we’ve reported earlier this week, H.R. 1728: The Mortgage Reform and Anti Predatory Lending Act has already passed the House and is making its way to the Senate.
While mortgage originators are still trying to disseminate the details of this new proposed legislation, one of the main concerns on everyone’s mind is the amount of [...]
Tag Archives: Predatory lending
How Long Until H.R. 1728 Makes It Through The Senate?
Mortgage Industry, a House Built on Sand
Image by Getty Images via Daylife
Did you know that the mortgage industry that you operate in is literally shifting beneath your feet? Your business plan (hopefully you have one) is literally built on sand.
There is an enormous amount of government action taking place–legislation that will directly impact your mortgage business and how you serve home [...]
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