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Latest video published 9/3/2019
- Triggered by Any Transfer of Any Legal or Equitable Ownership Interest in the Security
Covers: The sale of a property as the primary event triggering the mortgage holder’s exercise of the due-on clause; Triggered by any method for transfer of any legal or equitable ownership in the real estate interest encumbered by a trust deed.
- Mortgage Holder Interference in Transactions when Interest Rates Rise
Covers: The due-on clause as the single greatest burden on the use and mobility of commercially available title for ownership of property rights; Prevalence of the due-on clause in periods of economic recession and recovery; Rising rates bring lender interference.
- Mortgage Concepts: Lender ECOA disclosures of action taken, Part 1
This video covers the disclosures advising the borrower of the action the lender has taken on the borrower's mortgage application.
- Mortgage Concepts: How to issue the Adverse Action Notice, Part 2
Which disclosures are required by the FCRA when a loan is denied, instead of approved?
- Mortgage Concepts: How to issue the Adverse Action Notice, Part 1
When a loan is denied, instead of approved, the FCRA requires the loan originator to disclose the adverse action.
- Mortgage Concepts: Observed suspicious activity reports (SARs)
Learn when a mortgage lender is to file a suspicious activity report (SAR) with the Financial Crimes Enforcement Network (FinCEN).
- Seasonal dynamics power today’s home price illusion — not buyer demand; Monthly Statistical Updated (August 2023)
https://vimeo.com/849541124The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions.This month, we’re covering:California home prices, which remain well below the mid-2022 peak despite a spring seasonal bounce;home sales volume, with year-to-date sales a fee-crushing 33% below a year earlier as of May 2023; andanemic MLS inventory, ...
- Mortgage Concepts: The California Residential Mortgage Lending Act (CRMLA) Part 2
Part 2 of this video reviews CFL and MLO licensing by the DFPI, consumer mortgage originating, and reporting under the CRMLA.
- Mortgage Concepts: The California Residential Mortgage Lending Act (CRMLA) Part 1
This video reviews CFL and MLO licensing by the DFPI, consumer mortgage originating, and reporting under the CRMLA.
- Manager’s Trust Account Supervision and Accounting
Covers: The property manager’s ongoing duty to account to the landlord and maintain accurate records of all deposits, receipts, disbursements and expenditures; Contents of the property manager’s statement of accounting to the landlord; Discrepancies in trust fund accounting resolved against the property manager and in favor of the landlord.