Experts Predict A Homebuyer Boomerang In The Next 5 Years
The experts at credit bureau Transunion studied credit active adults in the past several years (beginning in 2009) to predict that 2.2 million homebuyers will re-enter the housing market in the next 5 years. This group of people, called “Boomerang Buyers,” are nearing a point at which they could once again qualify for a home … Continued
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CFPB delays effective date of Know Before You Owe Mortgage Disclosure Rule
This Wednesday, the Consumer Financial Protection Bureau (CFPB) issued a statement proposing to delay the effective date of TILA/RESPA Integrated Disclosure Rule until October 1, 2015. The CFPB Director, Richard Cordray had this to say about the delay: “The CFPB will be issuing a proposed amendment to delay the effective date of the Know Before … Continued
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