New Regulations Coming

New Regulations Coming

I was part of a panel of experts yesterday teaching Realtors of new regulations coming up. The regulations are part of the Consumer Finance Protection Agency (CFPB) rules. Most people who have not bought or sold a house in a long time will not even notice the change. It is the professionals that work with buyers everyday that will notice. 

Essentially the regulation is one to attempt to make shopping for a home loan more transparent and easier to understand for the consumer (borrower). And to understand better what the loan is. 

To read more about this, you can check out the CFPB's website Know Before You Owe page

My personal feeling on this is the new forms do seem to be a good tool. However, my clients who use any of my recommended lenders have been getting their loans explained to them all along. But this should make it a little bit easier for our lenders to do their job. 

Adam Bogle Headshot
Phone: 541-708-3630
Dated: August 28th 2015
Views: 282
About Adam: ...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Smoke 'em if you got 'em - I walked by a guy smoking a
The Loan Estimate Form Turns Oranges into Apples - The Loan Estimate Form Turns
Brokers and Bankers and Mortgages, Oh My! - Brokers and Bankers and Mortgages,
Wire Fraud Scammers!! Please read - This is becoming a huge issue in

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

eXp Realty Southern Oregon
320 E. Main St. #201
Ashland, OR 97520