Ron Henderson Government Affairs Co-Chair California Association of Mortgage Professionals discusses the Passing of Senate Bill 173 and the re-conversion of the California Bureau of Real Estate to the California Department of Real Estate ... » Learn More about The California Bureau of Real Estate Changing Back to the Department of Real Estate – SB 173 Passed
Regulations and Laws
Fed Decision Wednesday to Not Increase Fed Funds Rate, Nothing Compared to Planned Quantitative Tightening to Affect Mortgages
The Fed’s decision to not increase the Fed Funds Rate from the 1-1.25% range was no surprise. It did shock the financial markets that they aren’t going to kick the can down the road, and will start to do their Quantitative Tightening this October. Here are the facts to wrap your head ... » Learn More about Fed Decision Wednesday to Not Increase Fed Funds Rate, Nothing Compared to Planned Quantitative Tightening to Affect Mortgages
California Housing Update / The Housing Crisis – California Economic Forecast
Last week I attended the 2017 Entrepreneur Economic Forecast Conference covering the 2018 Los Angeles / Ventura County's Economic Outlook. The following analysis from the consulting firm emphases the housing supply and demand malfunction, and the local governments obstructions in fulfilling the ... » Learn More about California Housing Update / The Housing Crisis – California Economic Forecast
The Government Regulations & Dodd Frank Miss the Real Target on Avoiding Another Mortgage Meltdown
Instead of the government taking a scalpel to the problems that created the economic meltdown and mortgage backed security issues in 2007, they did a shotgun blast, and missed the target. Yes, there was plenty of blame to go around that created the Great Recession. Banks underwriting not doing ... » Learn More about The Government Regulations & Dodd Frank Miss the Real Target on Avoiding Another Mortgage Meltdown
Workshop on Homeowners Associations: How HOA Variables Can Make or Break a Purchase Transaction
I'll be conducting a workshop on Homeowners Associations for Realtors at the Outwest Marketing Meeting in Canoga Park, CA this Friday July 28 at 8:15am. There are variables that can be disruptive, or detrimental to a transaction if not evaluated properly, or if it's not fully understood what ... » Learn More about Workshop on Homeowners Associations: How HOA Variables Can Make or Break a Purchase Transaction