Earlier this summer, Fannie Mae announced several guideline changes that have a fairly significant impact on the home buying process. As you may have noticed, these regulatory changes went into effect this past week.
As your trusted mortgage partner, we wanted to make you aware of the changes that were…
Earlier this year, the Consumer Financial Protection Bureau (CFBP) announced it would be issuing new rules that will have a significant impact on the way closings are conducted. This involves the introduction of a new closing documentation process that combines the Truth in Lending and Real Estate Settlement Procedures…
If you’re a first-time homebuyer, I have some exciting news to share with you! The Michigan State Housing Development Authority (MSHDA) recently received $600,000 from the National Mortgage Settlement to be used as grant money for first-time homebuyers.
The funds, which will be made available through the MSHDA MI First…