This Mortgage Concepts explainer video breaks down counseling requirements for consumers considering a Home Equity Conversion Mortgage (HECM).
Mortgage Concepts: Steering homeowners to preferred counselors on HECMs
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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.
Latest Articles
Loan production costs are drowning mortgage brokers
Just 32% of loan companies were able to remain profitable in 2022.
Form-of-the-Week: INTAX and §1031 Profit and Basis Recap Sheet — Forms 351 and 354
An agent uses RPI Forms 351 and 354 when negotiating a sale or §1031 reinvestment plan.
The source of home price movement: buyer purchasing power
Find out what today’s buyer purchasing power means for tomorrow’s home prices in California.
What you need to know about LA’s new “mansion tax”
Now that the mad scramble to beat the tax deadline is behind us, what do agents need to know about the new mansion tax?
Press Release: Q1 2023 Buyer Purchasing Power Index down 23% from a year earlier
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 finds a new low, ARMs no longer an option to extend purchasing power; Monthly Statistical Update (April 2023)
Home sales volume in the basement; FRM rates to fall back in 2023 — but not yet; ARM rates crossover the FRM rate
Mortgage Concepts: ARM awareness by an informed consumer
This Mortgage Concepts video breaks down the critical elements of an adjustable rate mortgage (ARM).
California’s population is shortchanged on financial literacy
What buyers don’t know when boom times become recessions can’t hurt them, right? Wrong!
Errata & Updates
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