"Lenders Exploit a Loophole in Fees". After reading this article in my Sunday paper I was compelled to think this: There is no loophole. But there is a poophole. The guy who wrote the article. His point was this: The new good faith estimate is being "sidestepped" by lenders. How? Well, according
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01/18/2010
A weary home buyer showed up in the mortgage office last night, on the eve of her loan funding. She was confused, embarrassed, and bewildered. She had signed docs the day before, and handed over a cashiers check. But the bank stubbornly refused to fund the loan. Why? The borrower could not "paper
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01/16/2010