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Seller Financing

Following the passage of financial reform legislation, seller financing and loan originator compensation are subject to new rules, restrictions and requirements.

April 30, 2013
In some situations, sellers are lining up lenders for buyers to make sure there are no problems or delays in securing financing.
February 8, 2013
On Jan. 20, 2013, The Consumer Financial Protection Bureau (CFPB) published a final rule on Loan Originator Compensation as part of implementation of the Dodd-Frank Act.
May 14, 2012
On May 9, 2012, the Consumer Financial Protection Bureau (CFPB) released an outline of proposals under consideration for rules governing compensation for mortgage loan originators.
March 15, 2012
In 2008, President Bush signed the Secure and Fair Enforcement of Mortgage Licensing Act or SAFE Act, which requires licensing and registration of loan originators.


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