MFG Banking Wholesale Disclosure Procedures MFG Banking has created the “No Hassle Origination” process to comply with the TILA RESPA Integrated Disclosures (TRID – Effective 10/3/2015) and to assist our brokers in getting their loans […]
With a range of features and abilities, our new Loan Origination System (LOS) creates a streamlined & transparent loan process. Closing loans with MFG Banking has never been so easy. BRIDGE was created to streamline our processing […]
Wholesale – “Third Party Originated” Ordering – An email notification is auto populated from the BRIDGE IOS the day after the APR was delivered to the borrower via the MFG Initial Loan Disclosures. The email notification […]
Stocks, Bonds and Mutual Funds Fannie Mae (FNMA) is updating the policies related to the use of vested stocks, bonds, and mutual funds (including retirement accounts) when they are used for down payment, closing costs, […]