Michigan Mortgage

The Folly of the Reg Z Exemption

There’s an interesting pair of verses in the book of Proverbs. They go like this: “Answer not a fool according to his folly, lest you be like him yourself.” Then right after that we read, “Answer a fool according to his folly, lest he be wise in his own eyes.” This is no contradiction…

Reg Z. Being Better Informed on how the Feds are Keeping You Better Informed

Helpful? Inconvenient? The new Truth In Lending Act (Reg Z) regulations are probably a little of both.

If you’re buying a home or refinancing after July 30 of this year, things just got a little more complicated. But don’t worry…