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Cash Back at Settlement is Legal, But Be Careful
Note that this information is outdated. Seller Loan is legal as long as the appraisal report supports the contract price and can be a separate transaction out of the purchase contract. Read More Read More...
Licensing Iniative Aims to Slow Fraud
Note that this information is outdated. The lending business must embrace a licensing iniative by state banking and mortgage regulators if it is to keep from crumbling under the weight of fraud and unethical loan officers, a proponent of that project Read More...