What is the SAFE Act in the Mortgage Industry?
March 9, 2023
Congress passed the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) to address concerns about a lack of regulation and oversight
Congress passed the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) to address concerns about a lack of regulation and oversight
In 2014, the Consumer Financial Protection Bureau (CFPB) implemented the Qualified Mortgage (QM) Rule – a set of standards designed to safeguard borrowers from predatory
In 1974, the Real Estate Settlement Procedures Act (RESPA) was passed as a federal law to safeguard consumers against predatory lending practices within the real
Navigating the world of mortgages can be overwhelming, especially for first-time homebuyers. One essential tool that can simplify the process is a mortgage calculator. This
The home appraisal process is a critical aspect of buying, selling, or refinancing a home. A home appraisal helps determine the value of a property,
The Gramm-Leach-Bliley Act: A Comprehensive Overview The Gramm Leach Bliley Act: Discovering Its Effects and Implications In today’s dynamic financial landscape, it is essential to
The Fair Credit Reporting Act (FCRA) is a federal law in the United States that sets standards for collecting, disseminating and using consumer credit information.
In July 2010, President Barack Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as “Dodd-Frank” or Dodd Frank
The ability to repay a loan is an integral factor in the lending process. It’s up to the borrower to ensure they can fulfill their
The Equal Credit Opportunity Act (ECOA) is a federal law that prohibits discrimination in lending practices. Enacted in 1974, it targets discriminatory practices related to
FACTA, officially known as the Fair and Accurate Credit Transactions Act (FACTA), is a federal law designed to safeguard consumers’ personal and financial information. Enacted
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