The interest rate inversion has completely eliminated the appeal of ARMs — and the price support ARMs provided before the inversion.
ARM-FRM crossover removes last support for home prices
read more
Mortgage Loan Brokering & Lending
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.
Recent updates to the course e-book
No corrections reported.
Newly published related content
Mortgage delinquencies rise from historic low
While home sales volume is plummeting and home prices are spiraling, there is one housing factor on the rise — mortgage delinquencies.
Redlining practices cost LA-based lender $31 million in settlement
The largest redlining settlement in the Justice Department’s history involved a lender servicing Los Angeles who achieved disproportionately low numbers of mortgages from minority areas.
DFPI Bulletin Digest: February 2023
The February 2023 DFPI Bulletin focuses on natural disaster guidance, crypto assets, and MLO reports.
Underwater homes, reduced construction starts spell change for California’s active agent population; Monthly Statistical Update (March 2023)
https://vimeo.com/802054438 The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions. This month, we’re covering: the share of California’s mortgaged homes underwater, now inching higher...
DRE Hot Seat: Mortgage loan originator (MLO) knowingly takes fraudulent NMLS course
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the real estate license of a broker who knowingly took a fraudulent course for their mortgage loan originator (MLO) license endorsement, violating the student Rules of Conduct and licensing requirements of state and federal law.
Lacking interest rate support, home sales volume crumbles heading into 2023; Monthly Statistical Update (February 2023)
A bird’s eye view on destabilizing mortgage rates; Homebuyers with less money to spend, spend less; Home sales volume flops as sellers resist repricing
DFPI Bulletin Digest: January 2023
The January 2023 DFPI Bulletin Digest focuses on license renewals, crypto regulation and CCFPL rulemaking.
Property Management 101
Read on for a summary of California property management laws and best practices.