The Community Home Lenders of America is urging the VA to quickly implement regulatory adjustments following a recent settlement over commission rates by the National Association of Realtors. This call for action comes as the mortgage industry seeks clarity and consistency in regulations to ensure fair practices and transparency within the housing market.
Key points from the text include:
– Community Home Lenders of America advocates for expedited regulatory changes by the VA
– The push for swift action follows the NAR’s commission settlement
– The mortgage industry is seeking clear and consistent regulations for fair practices in the housing market
– Emphasis on the importance of transparency within the industry and maintaining ethical standards for all stakeholders involved.
You can read this full article at: https://www.housingwire.com/articles/va-should-expedite-regulatory-changes-as-agent-commission-changes-loom-chla/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
