Blog Entries http://www.myfastloanclosing.com Sat, 19 May 2012 23:14:53 +0100 FeedCreator 1.7.2 http://www.myfastloanclosing.com/11-HERA-Housing-and-Economic-Recovery-Act-and-You.html I would like to explain the new HERA and MDIA compliance laws that have taken effect for the mortgage market. Let us look how these laws affect the three main components to a transaction; the buyers, the Realtors, and the settlement agents.<br/><br/>The Buyers:<br/><br/>Time Frame: Buyers should now understand that a 30 day closing will be tougher to accomplish and most contract offers should be written for 45 day closes. PRMI will try to close as quickly as possible, but this helps to set proper timeline e [...] nmerrick@primeres.com Sun, 11 Oct 2009 20:00:00 +0100 sample tag