The truth about real estate’s Controlled Business Relationships

We recently received an email from a potential customer who was trying to be an informed consumer and get a fair deal on a mortgage. Here’s the opening line: “I’m considering a refinance to shorten term and lower rate. Lenders are unable to provide any kind of transparency (or patience) with questions on fees.” Unfortunately,…

Read Full Article

Call for Mortgage Disclosure Regulation

Have you ever purchased or refinanced real estate and had to deal with the stress of getting your final closing costs last-minute, because you were at the mercy of your lender?   Hopefully, that may be changing soon! The U.S. Consumer Financial Protection Bureau is currently considering a mortgage disclosure regulation in which lenders would…

Read Full Article