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New rules may be tough on 2014 mortgage seekers

March 13, 2014 By Michael Stuart

New Mortgage Rules For 20142014 may prove to be tougher for potential home buyers to secure a new home loan. New mortgage rules are set to take place next year by the Consumer Financial Protection Bureau, which will make lenders screen home loan applicants in greater detail.

Effective January 10, 2014, the new mortgage rules call for an in-depth analysis of all applicants that apply for a home loan. Next year, loans will require lenders to dedicate both more time, and resources towards individual home loan applications.

Read more New Mortgage Rules For 2014

Filed Under: Modular

About Michael Stuart

Mike's experience in the technology industry is quite extensive, serving both as a designer of complex enterprise applications and as a corporate executive. In his previous life, Mike was founder and CEO of AssetWorks Inc. the industry leader in facility management solutions. Currently living on the Texas coast helping with digital strategies using Amplified Content Marketing.

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