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Home » Store » Taxable » ‘Freeze’ Laws Prevent Timely Closing of Residential Loans

‘Freeze’ Laws Prevent Timely Closing of Residential Loans

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State laws allowing consumers to “freeze” their credit reports are helping keep identity thieves at bay, but loan originators aren’t so sure the measures are helping their business any. Mortgage brokers have asked their lender partners to help in lobbying against similar legislative measures pending in 19 states, while closely monitoring new laws not yet in effect in 10 other states that will allow the option for residents, some beginning this month. …
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