Mortgage Brokers
-Mortgage Brokers
Mortgage brokers are licensed people that can advise people on getting residential and Commercial loans. If it is owner occupied, they have to use the new laws through Dodd-Frank. The CFPB oversees legal enforcement for Residential Mortgages. he Dodd-Frank Wall Street Reform and Consumer Protection Act introduced the Ability-to-Repay (ATR) rule to ensure that lenders […]