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.
A consumer mortgage becomes a Section 32
read more
Creating Carryback Financing
Secure the most efficient structuring for a seller’s extension of credit to a real estate buyer, every time. Stay current on the latest news, videos, forms, and updates for Creating Carryback Financing.
Recent updates to the course e-book
No Corrections Currently Reported.
Newly published related content
Conflicts of interest facing appraisers and mortgage lenders
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.
Financial risk is high in these California metros
In terms of financial safety, most California metros rank low, with the housing market to blame.
Mortgage industry sees more originations in 2024, despite also anticipating a recession
The MBA’s crystal ball shows more mortgage originations in 2024 – but also a recession.
Is an LLC which is solely owned by a government agency and takes title to real estate exempt from payment of a documentary transfer tax on acquisition?
CSHV 1999 Harrison LLC v. County of Alameda
Homeowner insurance premiums aren’t so bad here in California — but coverage is hard to find
Outdated legislation limiting premium increases has caused major insurers to abandon California homeowners in recent months.
May a buyer who acquires property subject to an existing mortgage which is in default reinstate the mortgage to cure the default when the lender has not called the mortgage due, refuses to accept reinstatement and starts foreclosure?
Shetty v. HSBC Bank USA, N.A.
As mortgage rates rise, so must property prices retreat; Monthly Statistical Update (November 2023)
https://vimeo.com/880610858 The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions. This month, we’re covering: ARM rates, which remain useless to buyers seeking to increase their...
Is a private mortgage lender entitled to receive usurious interest on a non-brokered extension to a mortgage initially arranged by a broker?
In re Moon