Federal Mortgage Pre-Payment Code 5 ways borrowers get more clarification
General Angela Calla 5 Mar
Code of Conduct for Federally Regulated Financial Institutions Mortgage Prepayment Information Yesterday, the federal government published a Mortgage Prepayment Code. The Code will guide all federally regulated institutions in how they communicate the Interest Rate Differential (IRD) to borrowers. Borrowers win for more clarification for mortgage terms. After class-action suits and a lake of client tears, […]
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