The lender’s appraisal of a property on receipt of a borrower’s mortgage application, and later approval to fund
Property Appraisal and Mortgage Approval
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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.
Recent updates to the course e-book
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Newly published related content
Guidance for the LIBOR transition
The time is now for financial institutions to begin planning the transition away from the LIBOR.
Press Release: Q2 2020 Buyer Purchasing Power Index rises due to historically low interest rates
The Buyer Purchasing Power Index (BPPI) rose to +10.5 in the second quarter of 2020.
Commercial real estate is reeling
Commercial property sales were at their lowest level in a decade in May 2020.
May a lender refuse to accept a homeowner’s post-petition mortgage reinstatement and foreclose?
Earline Williams v. 21st Mortgage Corporation
Forbearance requests rise while access to mortgage credit falls
The MBA’s Mortgage Credit Availability Index has fallen sharply, now 32% below the November 2019 peak.
Declining jobs mark a hold-cash phase in 2020; Monthly Statistical Update (July 2020)
Jobs lost puts a face on the 2020 recession; Stock market highs and lows as mostly momentum, not data based; Real estate investments are tangible and location counts — just not in 2020
Today’s low interest rates aren’t enough to boost inventory, home sales volume; Monthly Statistical Update (June 2020)
30-year fixed rate mortgage (FRM) rates hit historic low; For-sale inventory drops; Home sales volume set to fall
ARM rates remain low, but not low enough
The average ARM rate has fallen back in 2020.