ft Editorial Staff | firsttuesday Journal

Poll: Do you have reason to believe reverse mortgages for retired homeowners need more regulatory control?

Posted by ft Editorial Staff | Dec 27, 2021 | Reader Polls, Real Estate |

This week’s poll asks about reverse mortgages for retired homeowners.

Mortgage Concepts: How to issue the adverse action notice

Posted by ft Editorial Staff | Dec 24, 2021 | Feature Articles, Mortgages, Real Estate, Video, Your Practice |

Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses guidelines for issuance of the adverse action notice/notice of action taken under both the Equal Credit Opportunity Act (ECOA) and Fair Credit Reporting Act (FCRA). For course credit toward renewing your NMLS license, visit firsttuesday.us.

Real Estate Fixtures vs. Trade Fixtures

Posted by ft Editorial Staff | Dec 23, 2021 | Feature Articles, Property Management, Real Estate, Video |

Distinguishing the two types of improvements installed in a building – real estate fixtures and trade fixtures.

Form-of-the-Week: Guarantee Agreement for Rental or Lease — Form 553-1

Posted by ft Editorial Staff | Dec 23, 2021 | Commercial, Forms, Property Management, Real Estate |

A lease guarantee commits the individual who signs it to pay the landlord throughout the duration of the lease. Since this agreement carries a significant financial risk, a commercial tenant may want to seek alternative negotiation tactics to get around signing the personal guarantee.