mortgage | firsttuesday Journal

California tiered home pricing

by ft Editorial Staff | Dec 2, 2022 | Bay Area, Charts, first tuesday Local, Los Angeles-Santa Barbara-Ventura, Mortgages, Real Estate, San Diego | 27

Home prices have plunged across California’s metropolitan areas.

Today’s minimum down payment homebuyers are in big trouble

by Carrie B. Reyes | Nov 25, 2022 | Economics, Finance, Home Sales, Mortgages, Real Estate, Recessions | 1

Low down payment homebuyers who go under contract today will be underwater by the time they sign on the dotted line.

Today’s homebuyers take on the highest mortgage payments ever

by Carrie B. Reyes | Nov 21, 2022 | Economics, Finance, Interest Rates, Market Watch, Real Estate, Recessions | 0

High mortgage rates and high (but falling) home prices make 2022 the absolute worst time to be a homebuyer.

Regulators nab two California-based mortgage relief scammers

by Amy Perry | Nov 4, 2022 | Laws and Regulations, Mortgages, Real Estate | 0

The California Department of Financial Protection and Innovation and the Federal Trade Commission issued a joint complaint against a massive mortgage assistance relief scam operation.

Form-of-the-Week: Mortgage Worksheets — Forms 312, 320 and 320-1

by Amy Perry | Sep 1, 2022 | Buyers and Sellers, Forms, Mortgages, Real Estate | 0

A buyer’s agent uses mortgage shopping worksheets when shopping for the most competitive mortgage options for their buyer.

California’s commercial property shortage is making investors desperate

by Carrie B. Reyes | Jul 5, 2022 | Commercial, Economics, Real Estate | 0

Desperation has increasingly pushed investors to accept unfavorable terms and lower cap rates in 2022.

Bankruptcy’s tie to homeownership

by ft Editorial Staff | Jun 15, 2022 | Charts, Economics, Forecasts, Laws and Regulations, Market Watch, Recessions | 4

Bankruptcy numbers have been artificially low in 2020-2021. Prepare for today’s zombie businesses to fold with the next recession.

Rising rates bring back seller financing

by ft Editorial Staff | May 9, 2022 | Finance, Interest Rates, Loan Products, Real Estate, Your Practice | 0

As credit availability tightens thanks to rising interest rates, loan approvals become more elusive. But seller financing presents a back-door to homeownership.

California mortgage relief program provides second chance in delinquency

by Amy Perry | Apr 18, 2022 | Economics, Mortgages, Real Estate, Recessions | 2

California’s mortgage relief program is open for applications. Find out why your eligible clients will want to apply early.

Mortgage Concepts: Is it covered by TILA?

by ft Editorial Staff | Jan 17, 2022 | Real Estate, Video | 0

Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses determining whether or not your loan is subject to the Truth in Lending Act (TILA).