While the news was met with varying reactions, the CFPB is hopeful that, through classifying qualified mortgages, borrowers will deal with fewer financial surprises with their housing loans. As a result, they will face reduced chances of foreclosures.
To take advantage of the legal protection that the new rule offers, home-seekers who wish to apply for a Roseville mortgage plan should approach trusted providers such as Iron Point Mortgage. With the guidance of such reliable companies, they can gain educational tools to help them make the most out of the process, as well as address their real estate needs.
http://ironpointmortgage.com/new-cfpb-rule-aims-to-streamline-getting-a-mortgage-in-roseville-ca/
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