In today’s fifth installment in my seven-part series on what changed after the mortgage meltdown, I’ll focus on the Anti-Steering Safe Harbor Law.   When you and I work with a mortgage broker, the broker has the ability to shop a wide array of choices; some will have multiple lenders to select from. However, many […]

The Dodd-Frank Act ensures that loan officers can’t ever earn any more or less money by selling a specific loan.   It’s time for section four of our seven-part series talking about reform and mortgages. Specifically, today we’re going to talk about how lenders and loan officers get paid. In the past, loan officers and lenders […]

The Dodd-Frank Act protects buyers from loan adjustment fees.   If you’re gearing up to buy a home, what is your loan really going to cost you? In the past, lenders were required to give buyers a good-faith estimate, but these weren’t very accurate. In fact, if you bought a home before the economic crash, […]