5895, “A Bill to Require Certain Most of us receive them in the mail on a pretty regular basis - those official-looking envelopes that resemble a communication from a government agency, or our home lender, or someone else we cannot afford to ignore. If we open the letter, it is likely to contain a solicitation for questionable financial services. Having recently worked with a client who responded to such a solicitation and ended up in a nightmarish home refinancing situation, we applaud H.R. Borrowers can stay involved with their mortgage dealings by applying for a mortgage online. With traditional mortgages, lenders may not give out enough information, leaving the borrower practically in the dark throughout the whole process.
