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Wells Fargo’s $60 Billion Homeownership Program for Minorities

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Wells Fargo’s $60 Billion Homeownership Program for Minorities Wells Fargo, the world’s second-largest bank by market capitalization, recently released a press statement detailing its $60 billion plan to expand home ownership among African Americans. The initiative comes at a time when state agencies have been raising concerns over low homeownership among African Americans and Hispanics. […]

NATIONAL ASSOCIATION OF REAL ESTATE BROKERS, INC. UPDATE: TILA-RESPA

RESPA

What is Changing? In a nutshell, the new rules consolidate four existing documents into two new disclosures. The early TILA disclosure and traditional good faith estimate will be combined into a new disclosure called the Loan Estimate, and the final TILA disclosure and HUD-1 settlement statement will be consolidated into a new disclosure called the […]

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