This article gives an overview of the Fair Credit Reporting Act (FCRA).
MLO Mentor: The Fair Credit Reporting Act
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Real Estate Practice
Master the forms needed most in brokerage services. This volume covers the agency, disclosure, and contract law concepts fundamental to your practice.
Our Real Estate Practice course meets SB 1495 requirements: Implicit Bias and Fair Housing.
Latest Articles
MLO Mentor: The Home Mortgage Disclosure Act, Part II
This article discusses the different thresholds that trigger Home Mortgage Disclosure Act (HMDA) data collection and reporting.
2021 sales volume and construction gains offset in 2022 by higher mortgage rates; Monthly Statistical Update (March 2022)
Home sales got a (temporary) boost in 2021; Residential construction is not (yet) meeting demand; Mortgage insurance woes for leveraged buyers
Agent paychecks soar — but agent fee rates plunge in 2021
With fewer listings to go around — and higher prices to count on to boost their incomes — agents feel comfortable accepting lower fee rates to ensure they reap the benefits of an exclusive listing.
Brokerage Reminder: Don’t forget the home warranty!
A weekly reminder to stay on top of your practice!
Mortgage Concepts: Common mortgage fraud schemes, Part 3
This video finishes our discussion regarding common mortgage fraud schemes mortgage loan originators are likely to encounter in their business.
Fannie Mae and Freddie Mac to launch remote desktop appraisals in 2022
After a successful test run triggered by the pandemic, Fannie Mae and Freddie Mac will soon be permanently accepting remote desktop appraisals on eligible transactions.
DRE Hot Seat: Deceitful misrepresentations are not due diligence
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who failed to comply with advance fee requirements while conducting prepaid rental listing service (PRLS) activities.
MLO Mentor: Appraisal independence
MLO Mentor is an ongoing series covering compliance best practices for mortgage loan originators (MLOs). This article discusses the importance of appraisal independence. Enroll in firsttuesday’s 8-Hour NMLS CE to renew your California MLO license and learn more about...