It'll be a new game for mortgages beginning January 2014. The new Dodd Frank regulations will kick in January 10, 2014 tightening the underwriting guidelines for mortgages, and it appears the Federal Housing Finance Agency is considering a reduction in Fannie Mae and Freddie Mac's loan limits that ... » Learn More about Tighter Regulations and Freddie, Fannie Loan Limit Reductions Coming Jan 2014
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Government Relaxes Future Mortgage Down Payment Rules
Federal regulators proposed on Wednesday a new rule that would make mortgage lending standards less restrictive. The proposed new Qualified Residential Mortgage rule, released jointly by six government agencies, was cheered by both consumer advocates and mortgage industry members--who typically ... » Learn More about Government Relaxes Future Mortgage Down Payment Rules
Real Estate Market Update San Fernando Valley, Los Angeles, CA August 28, 2013
http://www.youtube.com/watch?v=S6TRkg-sJVw Ron Henderson President/Broker of Multi Real Estate Services and a Gov't Affairs Chair for CAMP gives an overview of the present real estate market, inventory issues, and statistics for the San Fernando Valley region of Los Angeles California. Specialist ... » Learn More about Real Estate Market Update San Fernando Valley, Los Angeles, CA August 28, 2013
California’s Change in Sales by Price Range
Limited inventory has led to sharp price increases over the past year. Where is the market heading now? C.A.R. Chief Economist Leslie Appleton-Young says that “we should continue to see strong price growth but at a less accelerated pace than what we’ve experienced over the past year. Inventory ... » Learn More about California’s Change in Sales by Price Range
A Good Overview of Who was Responsible for the 2008 Subprime Mortgage Crisis
https://www.youtube.com/watch?feature=player_embedded&v=-LGeeHbdUCg This is the best (short) explanation of who the responsible parties were that truly created the subprime mortgage crisis, that I've seen. Professor Randall Bartlett Ph.D. definitely has a clue. I have found many ... » Learn More about A Good Overview of Who was Responsible for the 2008 Subprime Mortgage Crisis