Mortgage Lending 101
March 19, 2014
Credit Union Center
New consumer protection measures in the area of mortgage lending are in place. The "Ability-to-Repay" and "Qualified Mortgage" rules are intended to focus the mortgage lending community on a "back-to-basics" approach. One that requires reasonable, good faith cost estimates and common sense lending decisions. These new regulations are not only about protecting consumers. The regulations are also intended to provide long term benefit to the mortgage market.
The presenters will be a panel of mortgage specialists with more than 59 years mortgage lending experience, from Allanach Mortgage Group The panelists include:
Many people dream of owning their own home, but the high cost of homes generally requires a home mortgage to make this become a reality. And in todays financial environment increasing rates coupled with fewer homes on the market and new consumer protection measures make it more challenging for financial institutions to make that dream come true. Register and learn how to make this happen.