TILA | firsttuesday Journal

Mortgage Concepts: HOEPA

by ft Editorial Staff | Dec 27, 2022 | Finance, Loan Products, Real Estate, Video | 0

This Mortgage Concepts video introduces the Home Ownership and Equity Protection Act by outlining its purpose and requirements.

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).

Mortgage Concepts: Is my loan subject to RESPA?

by ft Editorial Staff | Jan 7, 2022 | Feature Articles, Mortgages, Real Estate, Video, Your Practice | 0

This video discusses determining whether or not your loan is subject to the Real Estate Settlement Procedures Act (RESPA).

Is it a violation of appraiser independence?

by ft Editorial Staff | Mar 21, 2019 | Finance, Laws and Regulations, Loan Products, Real Estate, Video, Your Practice | 0

This video reviews the rules governing appraiser independence under the Truth-in-Lending Act, including prohibitions of conflicts of interest and deliberately inaccurate evaluations.

POLL: Have the TRID mortgage rules delayed your closings?

by ft Editorial Staff | Dec 21, 2015 | Finance, Laws and Regulations, Reader Polls, Real Estate | 1

Have the new TILA-RESPA integrated disclosure (TRID) mortgage rules for purchase-assist financing...

The post-recession rise of ARMs

by ft Editorial Staff | Jul 21, 2011 | Loan Products, Real Estate | 0

What types of loans are you most commonly seeing in your real estate market? 30-year FRMs (51%, 23...

California lawyers won’t help with loan modifications

by ft Editorial Staff | Dec 29, 2010 | Real Estate | 1

Greater numbers of California lawyers are turning down homeowners fighting for a loan modification since state advance fee law prevents them from being paid until and unless their client receives a loan modification. Strict...

Homebuyers shop around for everything but their mortgage

by ft Editorial Staff | Dec 21, 2010 | Real Estate | 0

According to a survey by Lending Tree, 40% of homeowners obtained a single mortgage loan quote before buying their home and only 28% feel confident they got the best deal. Ninety-six percent said they compare prices when...

December 2010 LWs

by ft Editorial Staff | Nov 22, 2010 | Finance, New Laws, Real Estate | 0

A look at the legislation affecting real estate enacted during the 2009-2010 Legislative Session. For our archive of the Legislative Watch for years past, click here.

How to make money as an endorsed, registered, law-abiding RESPA mortgage loan broker

by ft Editorial Staff | Oct 20, 2010 | Feature Articles, Licensing and Education, Real Estate | 6

This article reviews the changes made to mortgage loan broker (MLB) compensation by the Dodd-Frank Wall Street Reform and Borrower Protection Act.

February Forms

by Connor P. Wallmark | Feb 1, 2010 | Finance, Real Estate | 1

Get your buyer the best financial advantage – Submit multiple loan applications and compare

January 2010 LW

by ft Editorial Staff | Jan 4, 2010 | New Laws, Real Estate | 16

A look at the legislation affecting real estate enacted during the 2009-2010 Legislative Session. For an archive of Legislative Watch years, click here.

Regulation Z Revisited: A Timeline

by ft Editorial Staff | Oct 1, 2009 | Feature Articles, Finance, Laws and Regulations, Real Estate | 1

This article examines the recent changes to the Truth-in-Lending Act (TILA), also known as...

Preventing the next real estate bubble

by Giang Hoang-Burdette | Oct 1, 2009 | Feature Articles, Finance, Real Estate | 3

This article discusses the Federal Reserve’s pre-emptive use of monetary policy to quash real estate inflation booms, and contrasts this possible use with the current policy of merely ‘cleaning up’ recessions once they occur.

Seven-day and Three-day waiting period added to the Truth in Lending Act

by ft Editorial Staff | Sep 14, 2009 | Real Estate | 0

Changes to the Truth in Lending Act (TILA) now require a seven-day waiting period (incorrectly reported by the New York Times as a three-day waiting period) in which a lender making a loan secured by a principal residence, both...

Legislative Gossip

by ft Editorial Staff | Sep 14, 2009 | Pending Laws, Real Estate | 3

Stay on top of current pending California legislation affecting real estate!

Lender, escrow and referral fees

by ft Editorial Staff | Jun 4, 2009 | Feature Articles, Finance, Real Estate | 1

This chapter analyzes redundant charges imposed on buyers and sellers for the basic services necessarily rendered by lenders, escrow companies and title insurance companies to earn the primary fee they charge. The hidden costs...

The FHA-insured home loan

by ft Editorial Staff | Jun 1, 2009 | Feature Articles, Finance, Loan Products, Real Estate | 0

With the growing popularity of Federal Housing Administration (FHA)-insured financing, this article timely presents the requirements of the single-family mortgage insurance program administered by the Department of Housing and Urban Development (HUD) and the FHA.

Loan applications initiate the loan process

by Connor P. Wallmark | May 1, 2009 | Feature Articles, Finance, Real Estate | 0

This article reviews the loan application process the transaction agent (TA) must guide his buyer through to ensure the buyer closes on the most advantageous loan terms available. Role of the transaction agent (TA) The ability...