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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 failed to adequately supervise and review transaction files, and unlawfully employed and compensated an unlicensed employee for performing acts requiring a real estate license.
The law is not clear cut, but the Bureau of Real Estate Appraisers (BREA) clarified the answer in their Fall-Winter 2021 newsletter.
This article discusses the facts and features of reverse mortgages.
2021’s flurry of new anti-discrimination laws has left the California Department of Real Estate (DRE) scrambling to catch up.
This article reviews the different types and features of adjustable-rate mortgages (ARMs).
An employing broker uses RPI Forms 507 and 510 when employing a transaction coordinator or an office manager to assist the broker in reviewing documents and maintaining files.
Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses when a borrower can cancel Federal Housing Administration (FHA) mortgage insurance.
Real Estate Compliance Consultant and former California Department of Real Estate (DRE) Investigator Summer Goralik highlights the importance of buyer-side fee disclosures.
MLO Mentor is an ongoing series covering compliance best practices for mortgage loan originators (MLOs). This article outlines the rules and violations of the Telemarketing and Consumer Fraud and Abuse Prevention Act (TCFAPA).