Posts Tagged ‘http://www.nytimes.com/2009/08/16/realestate/16mort.html?_r=1&ref=realestate’

New Changes in Lending

CHANGES to the Truth in Lending Act that took effect last month, requiring lenders to provide certain disclosures about mortgage fees, will undoubtedly help many borrowers make better-informed loan choices. But some in the industry think the new standards could create further delays in an already slow lending process

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