The Smart Team of NOVA® Home Loans

Attorneys Weigh in on MSAs, Builder Incentives, The CFPB, and RESPA

Posted To: Pipeline Press

Welcome to Q2! I am attending the NYMBA conference for a few days, but 1,300 miles south, in Florida (aka “God’s waiting room”), folks are talking “real estate boom.” Tampa now takes the title of the nation’s healthiest housing market, at least according to TenX , a real-estate auction and analytics company which rates locations based on a number of key factors, including population and job growth, unemployment rate and wage growth, as well as industry-specific indicators like inventory and construction. Builder Incentives, RESPA, and MSAs Following the Prospect Mortgage Consent Orders there has been a lot of RESPA chatter, including questions about builder incentives. I received this note from Chicago-based attorney Brian Levy (Katten & Temple, LLP) about it. “The Prospect Orders did not…(read more)

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Source: Mortgage News Daily

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