Mortgage fraud is climbing in the wake of the pandemic
When the real estate market goes low, mortgage fraud goes high!
Read Moreby Ashley Collins | Dec 8, 2022 | first tuesday Local, Mortgages, Real Estate | 0
When the real estate market goes low, mortgage fraud goes high!
Read Moreby Carrie B. Reyes | Dec 1, 2022 | Feature Articles, Finance, Real Estate, Recessions, Your Practice | 0
How MLOs can pivot during the recession to earn fees for services needed by foreclosing lenders.
Read Moreby Oscar Alvarez | Jul 30, 2018 | Finance, Loan Products, Mortgages, Real Estate, Recent Case Decisions | 2
Placer Foreclosure, Inc. v. Aflalo Facts: A homeowner obtains a mortgage from a lender, which is...
Read Moreby Oscar Alvarez | Jul 10, 2018 | Finance, Interest Rates, Laws and Regulations, Loan Products, Real Estate, Recent Case Decisions | 0
Campidoglio LLC v. Wells Fargo & Company Facts: A borrower obtains a mortgage from a lender....
Read Moreby Carrie B. Reyes | May 9, 2017 | Feature Articles, Loan Products | 0
The Single Housing Guaranteed Loan Program assists approved lenders in lending to rural homebuyers by providing a high level of government guarantee for approved mortgages.
Read Moreby Whitney Trang | Sep 14, 2015 | Laws and Regulations, Real Estate, Recent Case Decisions | 0
An owner refinances their mortgage secured by a trust deed on their property and establishes an impound account for the payment of homeowner’s insurance.
Read Moreby Carrie B. Reyes | Dec 18, 2014 | Feature Articles, Loan Products, Real Estate | 152
Tips for ITIN homebuyers and agents.
Read Moreby ft Editorial Staff | Jul 14, 2014 | Feature Articles, Finance, Real Estate | 2
Learn about the lender’s ability to apply the proceeds from a hazard insurance claim to the balance due on the loan or release the proceeds from a hazard insurance claim to the owner to rebuild improvements.
Read Moreby Elizabeth T. Pardo | Feb 26, 2014 | Laws and Regulations, Real Estate, Recent Case Decisions | 0
Facts: An owner of a commercial property filed for chapter 7 bankruptcy protection as the property...
Read Moreby Carrie B. Reyes | Feb 3, 2014 | Finance, Reader Polls, Real Estate | 0
How can the closing process be more manageable for homebuyers?
Read Moreby ft Editorial Staff | Jun 18, 2013 | Finance, Loan Products, Real Estate | 0
The CFPB recently issued more parameters for the evolving QM standard.
Read Moreby Carrie B. Reyes | Nov 14, 2012 | Finance, Interest Rates, Real Estate | 1
34% of potential homebuyers said they would be willing to pay a higher interest rate if…
Read Moreby Carrie B. Reyes | Sep 27, 2012 | Finance, Real Estate | 0
Fannie Mae and Freddie Mac (Frannie) have answered the cry of lenders to reduce the risk of buy-backs. Buy-backs, also known as put-backs, occur when Frannie requires the lender to repurchase a loan it made which contains underwriting flaws.
Under recently revised Frannie rules, buy-backs on loans originated on and after January 1, 2013 will have…
Read Moreby Sarah Cantino | Jul 19, 2012 | Finance, Laws and Regulations, Real Estate, Recent Case Decisions | 0
Facts: A borrower entered into a loan with a lender to purchase rental property to lease to a...
Read Moreby Carrie B. Reyes | Jul 13, 2012 | Finance, Loan Products, Real Estate | 1
The Federal Housing Administration (FHA) recently rescinded its more stringent requirements for...
Read Moreby Sarah Cantino | May 3, 2012 | Feature Articles, Property Management, Real Estate | 1
This article presents the Federal Reserve’s new rental policy for REOs, and encourages brokers to tap the new client base created by this policy.
Read Moreby ft Editorial Staff | Dec 19, 2011 | Real Estate | 3
Who do you think should be responsible for receiving and resolving mortgage complaints from home loan borrowers? Government agencies – the Consumer Financial Protection Bureau (CFPB) is an important mediator (57%, 41 Votes)...
Read Moreby ft Editorial Staff | Jul 7, 2011 | Feature Articles, Finance, Real Estate | 7
This article reviews a newly-developed Fair Issac Company (FICO) analytics model which predicts a borrower’s likelihood to exercise a strategic default and revisits the financial advantages of a strategic default for a negative equity homeowner.
Read Moreby ft Editorial Staff | Jun 14, 2011 | Laws and Regulations, Real Estate | 3
The U.S. Department of Housing and Urban Development (HUD) is taking action against mortgage companies who discriminate against expectant mothers applying for a loan or home mortgage insurance. Multiple investigations of lending...
Read Moreby ft Editorial Staff | Jun 14, 2011 | Real Estate | 0
The Consumer Financial Protection Bureau (CFPB) revealed its first two prototypes for a simpler mortgage disclosure form which the fledgling agency hopes will alleviate lender costs and borrower confusion. In spite of the CFPB’s...
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