Three lessons Big Banks didn’t learn and why they will wreck the housing market again
When do you think the next big economic recession will occur? In the next five years. (79%, 92...
Read More
Tag: lender violations
Warren wants answers — and so do you
U.S. Senator Elizabeth Warren is mad as hell and she’s not going to take it anymore.
Read More
Does the statute of limitations period begin to run on the original misconduct or on discovery of misrepresentation?
What triggers the commencement of the statutory limitations periods in the event of a lender misrepresenting loan terms to a buyer?
Read More
U.S. sues BofA for reckless lending scheme
The United States government filed a civil suit against Bank of America (BofA) for numerous…
Read More6% interest rate payment cap for military extended through first year after end of service
An extension of the 6% interest rate payment cap protects military homeowners. Military and Veterans Code §405 Amended by AB 2476 Effective: January 1, 2013 During their military service, service members are not required to pay...
Read MoreFreddie and Fannie to implement new complaint process
Homebuyers, lenders and other parties who occasionally find themselves dissatisfied with the home valuation activities of Fannie Mae and Freddie Mac will soon have an outlet for their frustrations. A letter from Edward DeMarco,...
Read More
