Good advice is worth its weight in gold. “John” wanted to buy a house on Long Island. He found the perfect house at the right price. But his family had very specific needs. His current …
Elizabeth Warren Plans On Spending Half Of The Consumer Financial Protection Bureau Budget on Broker Enforcement
(Entire article and video re-broadcast from the TBWS Daily Show, March 24, 2011.) The new Consumer Financial Protection Bureau Chief, Elizabeth Warren, stated that she plans on spending half of her …
Collateral Based Lending
(Originally published August 7, 2010.) If necessity is the mother of invention, then Collateral Based Lending is certainly one solution for those borrowers unable to obtain mortgage …
Important Information for Realtors and Real Estate Attorneys
(Originally published June 12, 2010.) I received an overwhelming response from last week’s Newsletter, “Don’t Buy That New Furniture Yet! FNMA Requiring SECOND Credit Check Before Closing.” (click …
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Coop Market Faces Challenges When QUALIFIED Mortgage Planners Aren’t Utilized
(Originally published November 26, 2009.) Coops are a unique form of homeownership, prevalent in New York City and certain communities throughout Long Island. With coops, the “homeowner” does not …