This article discusses changed circumstances in the course of the mortgage origination process and the disclosures required.
MLO Mentor: Changed circumstances and TRID disclosures
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Real Estate Principles: Video™
A dynamic and multimedia collection of fundamental real estate concepts – step into the future of learning.
Stay current on the latest news, videos, forms, and updates for Real Estate Principles: Video™
Recent updates to the course e-book
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
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...
Honey, I shrunk the population: California migration trends
A great migration from the Golden State to less costly states is underway. Which demographics are moving out and what are their motivations for packing up?
DFPI Bulletin Digest: August 2022
The August 2022 DFPI Bulletin focuses on a crypto-asset survey and consumer alert, and AARP’s Scam Chat, among other topics.
Home defects face greater scrutiny in 2022’s cooling market
Today’s sobered homebuyers have greater liberty to leverage home defects to justify a price cut than they did the last two years.
Mortgage Concepts: Regulation O recordkeeping
This video discusses recordkeeping rules for mortgage loan originators (MLOs) under Regulation O.
MLO Mentor: consumer privacy
This article discusses privacy laws for financial institutions under Regulation P, the Privacy of Consumer Financial Information.
Letter to the editor: May a commercial landlord’s broker refuse to pay a fee to the tenant’s broker upon renegotiation of the lease?
Under what circumstances is a landlord required to pay another broker fee?
Homebuyers turn to ARMs in 2022 as FRM rates jump
ARM rates remain below FRM rates – for now.