This article discusses record retention and discrimination rules under the Equal Credit Opportunity Act (ECOA).
MLO Mentor: ECOA disclosures, Part II
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VRC: Real Estate Made Reel™
California’s first DRE-approved video-based renewal course – the classic.
Newly published related content
Stay on the straight and narrow with these real estate compliance tips
Real Estate Compliance Consultant and former California Department of Real Estate Investigator, Summer Goralik, offers six tips to staying in compliance with real estate law.
When you can expect to access the extra CE required to renew your California real estate license
The new course requirements will apply to real estate agents and brokers with licenses expiring on or after January 1, 2023.
Letter to the Editor: Is a fraudulent contract voidable?
A contract obtained through false representation is voidable. Fraud is a type of misrepresentation, so when fraudulent or negligent misrepresentation is used on a contract, it creates a voidable contract. It requires a court order to be declared invalid.
MLO Mentor: Section 35 loans, Part II
his article discusses the special appraisal rules applied to Section 35 loans.
NAR’s antitrust lawsuit returns as defensive attitudes persist
A California appeals court has revived a lawsuit against the National Association of Realtors over anticompetitive behavior harmful to agents.
MLO Mentor: Section 35 loans
This article discusses which loans fall under the Section 35 higher-priced mortgage loan guidelines.
Brokerage Reminder: real estate travel kits
Must haves for any agent.
DRE Hot Seat: A broker’s website needs to comply with real estate advertisement laws
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who advertised real estate services without disclosing his license identification number, claimed to perform mortgage loan originator (MLO) services without holding a valid license, and used unlicensed fictitious business names on his website.
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