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January is the Month of New Beginnings, Part 2

Jan 23, 2014   //   by   //   Mortgage News Daily  //  Comments Off on January is the Month of New Beginnings, Part 2

By Around the Web TILA Appraisals for Higher-Priced Mortgage Loans (Regulation Z) The Dodd-Frank Wall Street Reform and Consumer Protection (Dodd-Frank) Act created several new categories of loans. One of those categories is “higher-risk mortgages.” Just to be confusing, “higher-risk mortgages” are called “higher-priced mortgage loans” or HPML in the regulations. In addition, they are not the same as the “High-Cost Mortgage” Continue reading…(read more)

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