The Consumer Financial Protection Bureau (CFPB) has released the parameters of a major regulation dictated by the 2010 Dodd Frank Wall Street Reform & Consumer Protection Act. Even though the features of the Qualified Mortgage (QM) regulation will curtail the making of risky loans, the lenders ... » Learn More about The CFPB Issues the Qualified Mortgage (QM) & Ability to Pay Rules (First of Many)
Archives for January 2013
The New Frontier – Housing Built By Robots
http://www.youtube.com/watch?v=Sn1l4IUA1Vo&feature=youtu.be[/youtube At some point in the foreseeable future, housing construction will be transitioning to a computerized process from human contractors. Several years ago Dr Behrokh Khoshnevis, a USC professor of industrial and systems ... » Learn More about The New Frontier – Housing Built By Robots
Fiscal Cliff Deal Provisions Good for Housing
The signed off Fiscal Cliff provisions are good news for real estate. Specifically the Mortgage Debt Relief Act of 2007 has been extended. If it wasn't extended, it would have effected all homeowners who will be involved in a short sale transaction, or having a loan modification resulting in a ... » Learn More about Fiscal Cliff Deal Provisions Good for Housing