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Refinancing borrowers struggle to capitalize on low mortgage rates

Written by Guest on 2010-03-08.

Borrowers are missing out on billions of dollars in savings because high rates of negative equity, tighter lending standards and falling incomes have made it difficult for many to refinance. Federal officials are investigating ways to help...

Exactly how good is the new Good Faith Estimate?

Written by Guest on 2010-03-02.

Two months since the new RESPA rule took effect, some mortgage lenders report consumers are asking more questions throughout the homebuying process, while others say consumer confusion has simply taken a new shape. The new rules will hopefully...

GFE-based quote tool is now RESPA compliant

Written by Guest on 2010-02-17.

Washington, D.C. – Lenders navigating new RESPA rules can bank on the accuracy of Federal Title & Escrow Company’s online quote system to prepare their Good Faith Estimates. “Our online quote is accurate to the penny, or we’ll...

What Does ‘If Required’ Mean?

Written by Todd Ewing on 2009-06-28.

The GCAAR Regional Sales Contract makes only one reference to the survey and is found in paragraph 19 as follows: “The title report and survey, if required, will be ordered promptly. …” Note the key phrase “IF REQUIRED.”...

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Tag: lenders

Refinancing borrowers struggle to capitalize on low mortgage rates

Exactly how good is the new Good Faith Estimate?

GFE-based quote tool is now RESPA compliant

What Does ‘If Required’ Mean?

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