Posted inHome Mortgages, Thought Leader, Thought Leadership

New Consumer Financial Protection Bureau Rules will Help Protect Consumers

By Cal Haupt, president and CEO of Southeast Mortgage Earlier this month, the Consumer Financial Protection Bureau (CFPB) announced their proposed rules to protect homeowners and increase mortgage servicer accountability. The CFPB asked consumers, a Small Business Review Panel and mortgage industry professionals for their input while developing their proposed rules. The public has 60 […]

Posted inPublic Relations, Thought Leader

Trending – Social Media and the POTUS

Do followers = votes? In history class we learned about the first televised presidential debates. In 1960, Americans could turn on their television sets to see Richard Nixon – a sweaty man, gripping the podium and blending into the grey background – versus John F. Kennedy – a calm, tanned, extremely handsome man. In an election where every […]

Posted inHome Mortgages, Thought Leader, Thought Leadership

Avoid Being a Victim of Mortgage Fraud

Just this week a federal judge sentenced a former Auburn attorney to nearly four years in prison for mortgage fraud. James Boyd Douglas Jr. handled mortgage refinancings and real estate closings and was found guilty of embezzling $2.3 million from clients. An Atlanta area woman and her brother ran a real estate scam in Baldwin County […]

Posted inHome Mortgages, Thought Leader, Thought Leadership

Consumer Will Benefit From Simpler Mortgage Disclosure Form

For more than 35 years, two federal laws (the Truth in Lending Act or “TILA,” and the Real Estate Settlement Procedures Act or “RESPA”) have required lenders and settlement agents to give consumers who take out a mortgage loan separate but overlapping disclosure forms regarding the loan’s terms and costs. This duplication has long been […]

Posted inHome Mortgages, Thought Leader, Thought Leadership

Basel III To Change Mortgage Landscape

The mortgage industry has undergone many significant changes as a result of the financial crisis. One of the less known pending changes is about to take its final form and in its current draft Basel III will increase consumer costs and reduce consumers’ choice of mortgage providers. Basel III requires that a bank must maintain common […]

Posted inHome Mortgages, Thought Leader

Now’s the Time for First-Time Homebuyers

If only the experts could agree. In Monday’s paper, The Wall Street Journal covered five personal finance topics, finding completely opposite opinions on each topic. Should you purchase long-term care insurance? Are variable annuities a good investment? There was even a debate over whether children’s allowances should be tied to chores. Of course the one […]

Gift this article