By Richard Smith
Retail manager
American Acceptance Mortgage Inc.
Illustration: Dennis Wunsch
The Federal Reserve Board’s proposed changes
to the rule implementing the Truth in Lending Act
punctuate a strenuous year
As the calendar turns, mortgage brokers put to rest one of the most-
difficult years the industry has faced. Keeping up with legislative and
regulatory changes presented perhaps the biggest challenge — a test
that’s sure to continue in 2010 and beyond.
At the forefront: proposed changes to Regulation Z and their threat to
brokers. Here’s more about what they could mean for your business. >>>