As mortgage interest rates have risen dramatically over the past year, borrowers are looking to assume existing loans carrying low interest rates rather than take out new, higher rate loans—and in response, mortgage lenders are revisiting how they handle assumptions. This panel will discuss the laws, regulations, and investor guidelines surrounding mortgage loan assumptions and examine the challenges that assumptions can pose for borrowers and lenders alike.
Materials
The content of this program does not meet requirements for continuing legal education (CLE) accreditation. You will not receive CLE credit for participating.
