A consumer mortgage becomes a Section 32
A consumer-purpose mortgage origination secured by the borrower’s primary residence earns a Section 32 designation based on a three-step set of APR tests.
Read Moreby Carrie B. Reyes | Nov 27, 2023 | Finance, Interest Rates, Loan Products, Mortgages, Real Estate | 0
A consumer-purpose mortgage origination secured by the borrower’s primary residence earns a Section 32 designation based on a three-step set of APR tests.
Read Moreby Carrie B. Reyes | Nov 17, 2023 | Economics, Finance, Mortgages, Real Estate, Recessions | 0
The MBA’s crystal ball shows more mortgage originations in 2024 – but also a recession.
Read Moreby David Swistock | Nov 6, 2023 | Laws and Regulations, Loan Products, Mortgages, Real Estate, Recent Case Decisions | 0
Shetty v. HSBC Bank USA, N.A.
Read Moreby ft Editorial Staff | Oct 31, 2023 | Bay Area, Charts, first tuesday Local, Los Angeles-Santa Barbara-Ventura, Mortgages, Real Estate, San Diego | 30
Home prices are at the tail end of a brief seasonal uptick across California’s metropolitan areas.
Read Moreby ft Editorial Staff | Oct 23, 2023 | Charts, Interest Rates, Mortgages, Real Estate, Recessions | 36
The yield spread indicates the likelihood of a recession or recovery one year forward.
Read Moreby ft Editorial Staff | Oct 16, 2023 | Feature Articles, Fundamentals, Licensing and Education, Mortgages, Real Estate, Your Practice | 0
Your NMLS renewal just got more entertaining now that firsttuesday’s 8-hour NMLS CE Online Video course is freshly approved.
Read Moreby Carrie B. Reyes | Oct 2, 2023 | Commercial, Finance, Mortgages, Real Estate, Your Practice | 0
Existing regulations prohibiting unfair, deceptive, and abusive practices (UDAAP) in consumer mortgage financing now apply to the conduct of originators of commercial mortgage financing in California.
Read Moreby Carrie B. Reyes | Sep 22, 2023 | Laws and Regulations, Mortgages, New Laws, Real Estate | 0
AB 288 expands what type of property owners may use Revocable Transfer on Death (TOD) Deeds, and clarifies the procedure when a Revocable TOD Deed conflicts with another deed.
Read Moreby Carrie B. Reyes | Sep 13, 2023 | Economics, Finance, Mortgages, Real Estate, Recessions | 1
In 2022, the number of consumer mortgage loans originated by DFPI licensees was down a shocking 70% from the prior year.
Read Moreby Amy Platero | Aug 25, 2023 | Economics, Finance, Interest Rates, Mortgages, Real Estate, Recessions | 1
Media pundits in their coverage of today’s high mortgage interest rates ignore the 60-year cycle of rising and falling mortgage rates and the seller’s pricing response to rising and falling rates.
Read Moreby ft Editorial Staff | Aug 22, 2023 | Charts, Forecasts, Mortgages, Real Estate, Sacramento | 7
Get to know Sacramento County’s local housing fundamentals in these charts and forecasts.
Read Moreby ft Editorial Staff | Aug 21, 2023 | Bay Area, Charts, Forecasts, Mortgages, Real Estate | 6
Santa Clara’s housing market is experiencing the downfall from 2021’s pandemic bounce.
Read Moreby Carrie B. Reyes | Aug 21, 2023 | Economics, Finance, Mortgages, Real Estate, Recessions | 0
An overwhelming 95% of community bankers say the economy is already in a recession as of Q2 2023.
Read Moreby Carrie B. Reyes | Aug 18, 2023 | Laws and Regulations, Mortgages, Real Estate, Your Practice | 0
California’s attorney general recently announced a crackdown on illegal telemarketing.
Read Moreby Carrie B. Reyes | Aug 16, 2023 | Feature Articles, Finance, Mortgages, Real Estate | 0
Part 2 explains ECOA-mandated disclosures advising the borrower of the action the lender has taken on the borrower’s mortgage application.
Read Moreby ft Editorial Staff | Aug 15, 2023 | Bay Area, Charts, Forecasts, Mortgages, Real Estate | 6
View these charts for current activity and forecasts for San Francisco’s housing market.
Read Moreby ft Editorial Staff | Aug 10, 2023 | Charts, Forecasts, Mortgages, Real Estate, San Diego | 30
View these charts for current activity and forecasts for San Diego’s housing market.
Read Moreby Carrie B. Reyes | Aug 9, 2023 | Feature Articles, Finance, Mortgages, Real Estate, Video | 0
This video covers the disclosures advising the borrower of the action the lender has taken on the borrower’s mortgage application.
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