Soleimany v. Narimanzadeh
Is a non-exempt private mortgage lender entitled to collect interest on unpaid principal accruing from the principal balance due date when the agreed rate of interest earnings on the loan is usurious?
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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
Usury limit exemptions in carryback sales, Pt I
When and how usury limits apply to home sales structured as carrybacks.
MLO networks are your recession lifeline
The recession is here. The question is: what’s your plan?
Reduced student loan balances — a boon for homeownership, or an economic disaster?
Will this sudden windfall cause the number of eligible homebuyers to skyrocket — or just add to inflation?
Homebuyers now lean on ARMs to cover lost purchasing power — and that crutch is about to vanish; Monthly Statistical Update (September 2022)
https://vimeo.com/743160543 The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions. In the September 2022 MSU, we cover: the leveling of California home prices, with prices barely rising...
Mortgage application volume hasn’t been this low since 2000
For the first time in years, independent mortgage brokers reported net losses in Q2 2022.
Homebuyers turn to ARMs in 2022 as FRM rates jump
ARM rates remain below FRM rates – for now.
The pandemic response is over, and urban housing is back
Demand if shifting in California’s post-pandemic response market. Desirable areas for living will continue to change, and urban housing is making a comeback.
MLO Mentor: The adjustable-rate mortgage, Part II
MLO Mentor is an ongoing series covering compliance best practices for mortgage loan originators (MLOs). This article discusses the purpose, popularity and elements of the adjustable-rate mortgage (ARM). Review Part 1 of MLO Mentor: The adjustable-rate mortgage. The...
Errata & Updates
No Corrections Currently Reported.