Carrie B. Reyes | firsttuesday Journal

A consumer mortgage becomes a Section 32

Posted by Carrie B. Reyes | Nov 27, 2023 | Finance, Interest Rates, Loan Products, Mortgages, Real Estate |

A consumer-purpose mortgage origination secured by the borrower’s primary residence earns a Section 32 designation based on a three-step set of APR tests.

Federal multi-family building incentives for California builders

Posted by Carrie B. Reyes | Nov 27, 2023 | Commercial, New Laws, Property Management, Real Estate |

The Inflation Reduction Act (IRA) adds several incentives for builders and multi-family property owners making energy efficient improvements.

Conflicts of interest facing appraisers and mortgage lenders

Posted by Carrie B. Reyes | Nov 24, 2023 | Appraisal, Finance, Real Estate, Video |

An appraiser must not have a direct or indirect interest, financial, personal or otherwise, in the property they have been retained to prepare an appraisal.