mortgages | firsttuesday Journal

Evaluating carryback sellers: secured and unsecured

by ft Editorial Staff | Aug 8, 2022 | Real Estate | 1

This article covers the merits of an unsecured carryback note when the seller’s equity is less than 20% of the property’s market value, and dives into the use of a vendor’s lien.

MLO Mentor: Section 35 loans, Part II

by ft Editorial Staff | Jul 11, 2022 | Feature Articles, Loan Products, Mortgages, Real Estate, Your Practice | 0

his article discusses the special appraisal rules applied to Section 35 loans.

MLO Mentor: The eligible non-borrowing spouse

by ft Editorial Staff | Feb 4, 2022 | Feature Articles, Loan Products, Mortgages, Real Estate | 0

This article discusses HECM loans and the eligible non-borrowing spouse.

MLO Mentor: Different types of ARMs

by ft Editorial Staff | Jan 24, 2022 | Feature Articles, Mortgages, Real Estate, Your Practice | 1

This article reviews the different types and features of adjustable-rate mortgages (ARMs).

MLO Mentor: Section 32 coverage tests

by Bethany Correia | Dec 6, 2021 | Finance, Laws and Regulations, Loan Products, Mortgages | 0

This MLO Mentor guide helps you quickly identify when a loan falls under Section 32 requirements....

Mortgage delinquencies see first year-over-year decline since the 2020 recession, with a caveat

by Amy Platero | Jul 30, 2021 | Mortgages, Real Estate, Recessions | 0

The overall delinquency rate for U.S. residential mortgages experiences its first year-over-year decrease despite serious delinquencies rising.

Still high, commercial mortgage delinquency rates decline in Q1 2021

by Amy Platero | Mar 29, 2021 | Economics, Mortgages, Real Estate, Recessions | 0

Commercial industries continue to experience mixed impacts from the ongoing recession in the first quarter (Q1) of 2021.

DBO Bulletin Digest August 2019

by ft Editorial Staff | Aug 21, 2019 | Finance, Real Estate | 0

Your August 2019 DBO Bulletin digest

Is a trustee for a mortgage-in-default considered a debt collector?

by ft Editorial Staff | Jun 2, 2017 | Finance, Laws and Regulations, Real Estate, Recent Case Decisions | 0

Facts: A homebuyer obtains a mortgage secured by a trust deed on their property. The buyer...

POLL: How many buyers take title to a property subject to an existing mortgage?

by ft Editorial Staff | May 1, 2017 | Finance, Reader Polls, Real Estate | 0

How many of your buyers take title to a property subject to an existing mortgage? 5% or fewer....

POLL: How often are your financed deals killed by low appraisals?

by ft Editorial Staff | Mar 6, 2017 | Appraisal, Finance, Reader Polls, Real Estate | 0

How often are your financed deals killed by low appraisals? Occasionally, but not on most deals....

Land sales contracts are duping homebuyers

by ft Editorial Staff | Oct 27, 2016 | Finance, Real Estate | 1

Investment firms are using dubious seller financing to profit from low-income buyers.

Keep Your Home California — it came too late and stayed too long

by Sarah Kolvas | Jun 20, 2016 | Finance, Real Estate | 10

Keep Your Home California has been extended with an addition of $383.3 million in federal funding this year.

Top 10 reasons investors reject TRID mortgages

by Sarah Kolvas | Jun 13, 2016 | Finance, Laws and Regulations, Real Estate | 1

The most common reasons investors refuse to buy mortgages in the secondary mortgage market are highlighted in this list published by the authoring attorney of TRID rules.