Overview
During the last few years, both Congress and federal regulators have crafted revisions to many of the regulations that have been part of our lending lives. This has resulted in many additional regulatory issues in every mortgage loan transaction – and many more chances for mistakes to be made. As a result, lenders struggle to determine what they should do to assure that they not only make a safe and sound loan for the bank, but also do so in a manner that does not create regulatory difficulties.