Underwriting Q & A’s

May 13, 2015

Q & A | Impact of Multiple Credit Score Inquiries By Mortgage Lenders

Q: Since one of the stated purposes of the CFPB final rule and the new Loan Estimate form is to promote interest rate comparison shopping by […]
April 15, 2015

Q & A | What do I need to know about CFPB?

Q: What do I need to know about CFPB? A: The CFPB is the Consumer Financial Protection Bureau.  It is an independent bureau within the Federal Reserve […]
March 11, 2015

Q & A | Revision of the “Prepayment Penalty”

Q: The FHA has always required borrowers to pay interest through month end, irrespective of the actual date the payoff was received by the lender, when […]
February 11, 2015

Q & A | Reverse Mortgage Forms

Q: Since Reverse Mortgages are not covered by the new TILA-RESPA Rule, does a lender have the option to use the new Integrated Disclosure Forms (Loan […]
January 7, 2015

Q & A | Probating Wills

Q: You may have heard the following phrase from an attorney, “You cannot probate a will if more than four years have elapsed since the decedent’s […]
December 10, 2014

Q & A | Medicaid Estate Recovery Program Claim

Q: Is there something that an Estate for a deceased seller can obtain to verify that there exists no Texas Medicaid Estate Recovery Program (MERP) Claim? […]
November 12, 2014

Q & A | Power of Attorney, Trust Agreement, or Court Order

Q: Can an agent under a power of attorney, a trustee under a trust, or  the personal representative of an estate (i.e. executor or administrator) delegate […]
October 8, 2014

Q & A | Inheritance for Collateral Kindred

Q:  When there is an intestate death, and the decedent did not have a surviving spouse or children or parents, leaving siblings as the heirs at law,  […]
September 10, 2014

Q & A | Can I use a Mexican Matricula Consular (I.D. Card) as a form of identification for a notary acknowledgment?

Q: Can I use a Mexican Matricula  Consular (I.D. Card) as a form of identification for a notary acknowledgment? A: No. The Texas Civil Practices and […]