Learn the core concepts of consumer and business mortgage lending and brokering.
Stay current on the latest news, videos, forms, and updates for California Mortgage Lending.
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
The FHFA has altered their mortgage insurance premiums. Now, borrowers with lower credit scores and down payments will be paying less under the new structure than they did under the old.
Bankruptcy numbers were artificially low in 2020-2021. Prepare for today’s zombie businesses to fold with the 2023 recession.
Yield spread emboldens the recession factor; The jobs recovery is leveling out – no surprise; Interest rates for borrowing drive pricing
This article is part of an ongoing series covering violations of real estate law. Here, the California Department of Justice (DOJ) sentenced a broker to 5 years and 4 months in prison and ordered him to pay restitution for creating forged and fraudulent records to obtain more than $8 million in mortgages for his clients in order to earn fees for himself.
This Mortgage Concepts explainer video breaks down counseling requirements for consumers considering a Home Equity Conversion Mortgage (HECM).
Just 32% of loan companies were able to remain profitable in 2022.
A homebuyer with the same income is able to borrow 23% less purchase-assist mortgage money than a year ago due to interest rate hikes alone.
Home sales volume in the basement; FRM rates to fall back in 2023 — but not yet; ARM rates crossover the FRM rate
This Mortgage Concepts video breaks down the critical elements of an adjustable rate mortgage (ARM).