ability-to-repay | firsttuesday Journal

CFPB sets crosshairs on DTI requirements for new QM criteria

by Carrie B. Reyes | Nov 16, 2020 | Finance, Real Estate | 0

The Consumer Financial Protection Bureau (CFPB) is shaking up the mortgage market with its new proposal for qualified mortgage (QM) criteria.

The Borrower’s Debt-to-Income Ratio and Ability to Repay

by ft Editorial Staff | Jul 7, 2020 | Feature Articles, Real Estate, Video | 0

Analyzing a borrower’s ability to pay by considering their willingness and capacity

With the GSE Patch expiring in 2021, what will happen to the qualified mortgage rule?

by Carrie B. Reyes | Sep 4, 2019 | Finance | 0

The CFPB’s plans to let the GSE Patch expire, though they are considering a temporary extension.

New laws to protect California home energy program users

by ft Editorial Staff | Sep 19, 2017 | Loan Products | 0

Changes are ahead for California’s Property Assessed Clean Energy (PACE) program.

Special provisions in a note

by ft Editorial Staff | Aug 20, 2014 | Feature Articles, Finance, Real Estate | 0

This article discusses the use of special note provisions to protect the mortgage holder while providing flexible repayment options to the borrower.

5 mortgage market insights

by Jeffery Marino | May 5, 2014 | Feature Articles, Real Estate | 0

We serve up 5 mortgage market must-knows.

A progressive minimum wage for a progressive housing market

by Jeffery Marino | Apr 28, 2014 | Real Estate | 2

Are minimum wage workers destined to be renters? Will raising the minimum wage and tying it to inflation have any effect on the California real estate market?

Financial literacy counts

by Jeffery Marino | Apr 14, 2014 | Real Estate | 0

Will widespread ignorance of personal finance mean the end of our real estate markets as we know them?

Breaking news: Fannie Mae and Freddie Mac still not reformed

by Jeffery Marino | Apr 1, 2014 | Finance, Loan Products, Real Estate | 0

The Johnson-Crapo bill to wind down Fannie Mae and Freddie Mac is big news. But it may be much ado about nothing.

Subprime mortgages making a come back

by Carrie B. Reyes | Mar 18, 2014 | Loan Products, Real Estate | 0

Just because subprime mortgages are back doesn’t make them a good idea.

QM presents new challenges for the self-employed

by Jeffery Marino | Feb 2, 2014 | Real Estate | 1

Real estate agents are one of the biggest groups comprising the self-employed. How will they fare under the new ability-to-repay and qualified mortgage rules?

A glance back and a glimpse of the future: first tuesday’s 2013 year in review

by Jeffery Marino | Dec 29, 2013 | Feature Articles, Real Estate | 1

For our 2013 year in review, we look back over a year rife with risky speculation, serious price inflation, discontent with the trade unions and some robust of regulation.

Ability-to-repay, qualified mortgage and qualified residential mortgage — oh my!

by Giang Hoang-Burdette | Sep 9, 2013 | Feature Articles, Finance, Loan Products, Real Estate | 0

Ability-to-repay, qualified mortgage, qualified residential mortgage: are you lost yet? Read this article to get through the maze of new and proposed rules affecting residential mortgage lending.