Hedging, Broker Products; It's HMDA Reporting Season; Jobs Data Moving Rates
Now is about the time when you stop saying “Happy New Year,” either because it is no longer relevant, or you’ve forgotten who you’ve said it to. Lenders and vendors know that the “ability to repay” rules are both relevant and should not be forgotten, and attorney and Mortgage Musing blog author Brian Levy’s latest Musing’s discusses the importance of the Dodd Frank Act’s Ability to Repay Rule and how that keeps both lenders and borrowers from giving the housing industry the kind of hangover it had starting in 2008. Levy also discus...
Source: mortgagenewsdaily.com
