Another option will soon be available to help delinquent borrowers avoid foreclosure, as well as help Fannie Mae and Freddie Mac minimize further losses. Beginning July 1, 2013, mortgage …
New CFPB Complaint Database Reveals Mortgage Brokers Have BEST Reputation!
In January 2012, the Consumer Financial Protection Bureau (CFPB) proposed creating a free, public database for consumers to file complaints against virtually ANY financial product, service, …
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HUD’s New “Disparate Impact” Ruling is Bad News for Both Lenders AND Realtors.
This past month (February 2013), the US Department of Housing and Urban Development (HUD) published their Disparate Impact Rule as an amendment to the Fair Housing Act. Under …
Big Banks Reporting Record Profits, Thanks to Dodd/Frank
“May you live in interesting times.” This ominous Chinese proverb can certainly describe the credit implosion and subsequent recession we’ve weathered. It could also describe the …
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A Bursting Bond Bubble Would Mean Higher Interest Rates
On December 12, 2012, CNN Money published an article by Hibah Yousuf, entitled, The Next Big Opportunity; Bond Bubble Bursting. The article explains how three of the world’s biggest …
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What Will 2013 Bring to The Housing Market? Industry Experts Share Their Predictions.
The New Year is here! And people all over the country have made their New Year’s Resolutions to do such things as exercise more, lose 10 pounds, and…purchase a new …
