Beginning in January 2014, new CFPB rules will provide homeowners and consumers shopping for a home mortgage new rights and greater protections from harmful practices. These rules will help eliminate or reduce the run around and painful surprises that have hurt so many homeowners after the financial crisis. To review a summary of these new rules, click the following link – 201312_cfpb_mortgagerules.
If you have any questions about these, please contact us to discuss.