Mortgage Concepts: What is the MARS Rule?
This video discusses the Mortgage Assistance Relief Services (MARS) rule.
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Author: ft Editorial Staff
Form-of-the-Week: Authorization to Prepare a Home Inspection Report and a Natural Hazard Disclosure Report — Forms 130 and 131
A seller’s agent preparing a marketing package uses RPI Forms 130 and 131 to disclose the conditions and natural hazards associated with a property.
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Rising rates bring back seller financing
As credit availability tightens thanks to rising interest rates, loan approvals become more elusive. But seller financing presents a back-door to homeownership.
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MLO Mentor: CRMLA Annual Reports
This article details MLO reporting under the California Residential Mortgage Loan Act (CRMLA).
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POLL: How often are your deals when contingent on new financing killed by low appraisals?
This week’s poll inquires upon readers’ thoughts on low appraisal impact on deals entangled with new financing.
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