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Coordination, education key to preparing for new forms
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Regulatory Updates
Thursday, February 12, 2015
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After several changes to regulations and business practices during the last few years, a new, dramatic shift in how the real estate business is done is again on the horizon with the implementation of the integrated mortgage disclosure rules. Again, the biggest impact is beginning to be felt on the lending community as it attempts to address business decisions while the rest of the industry waits for their decisions to be made. Providing these new forms requires a lot more coordination and education, from start to finish, beginning with preparing the initial loan estimate.
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