Jesse Collins
1 day ago

In late 2015, the Consumer Financial Protection Bureau (CFPB) instituted several revisions to the loan disclosure process required for residential mortgage loans. Known as TRID, the TILA/RESPA Integrated Disclosures Act was designed to help borrowers better understand the terms of their proposed new mortgage loan. Specifically, the Loan Estimate and Closing Disclosure were created in
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Jesse Collins
3 weeks ago

Qualifying for a mortgage loan may have seemed out of reach if you’ve had a judgment or tax lien in the past that negatively impacts your credit rating. But a change in policy from the credit bureaus could mean a boost to your credit score — and it’s happening today. What is the new policy
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Robert Cohan
1 month ago

This week marked the fourth 2017 meeting of the FOMC, and as expected a .25%  increase to the federal funds rate was announced. The Committee’s statement supported its action, which puts the latest target range at 1.0% to 1.25%, based on “realized and expected labor market conditions and inflation.” As any market watcher knows, the
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Jesse Collins
1 month ago

Whether you’re buying your first house or getting ready to refinance, choosing the right loan product is a vital part of the process. Understanding interest rates and loan programs allows you to make an informed decision about the best way to finance what is likely to be the most valuable investment of your life. Mortgage
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Robert Cohan
2 months ago

If you keep up with financial markets, you’ve most likely seen that the Federal Reserve has started what is likely to be a series of interest rate hikes. But even if you’re not a finance news junkie, this move can still impact your life, especially if you plan to purchase or refinance a home in
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Robert Cohan
3 months ago

At the FOMC’s third meeting of the year, the Committee voted to maintain the current federal funds target rate of 0.75 to 1.0 percent. Fed officials came to this conclusion after meeting in Washington, D.C. for two days this week. Despite some economic growth, overall markets did not perform as well as expected. Still, the
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