I recently read an article in Loan Officer Magazine, written by Karen Deis, that made me laugh out loud. Karen is the Founder of Loan Officer Training, Publisher of Loan Officer Magazine and Mortgage …
Fannie and Freddie Reforms Threatened By Record Profits.
After the credit implosion and housing market collapse in 2008, Fannie Mae and Freddie Mac experienced huge losses, mostly caused by their sub-prime mortgage holdings. These losses, …
Continue Reading about Fannie and Freddie Reforms Threatened By Record Profits. →
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 …
Continue Reading about Big Banks Reporting Record Profits, Thanks to Dodd/Frank →
Changes to Flood Insurance Requirements May Be Around the Corner
(Originally published 12/04/12.) It’s been a while since I checked my crystal ball. To be honest, its predictions have sometimes been fuzzy or even downright wrong. Nevertheless, when I …
Continue Reading about Changes to Flood Insurance Requirements May Be Around the Corner →
Public Service Announcement For Those Who Suffered Losses Due To Hurricane Sandy
(Originally published 11/20/12.) In the wake of the terrible devastation from Hurricane Sandy, there is help available to those directly affected. Governor Andrew Cuomo announced that …
