The Consumer Financial Protection Bureau is proposing the following federal rules to be levied on the servicing divisions of lenders, to help struggling borrowers. A lot of this is commonsense, and being conducted by many loan servicers... but unfortunately some are not. Here's an overview of the ... » Learn More about CFPB Proposes New Rules To Help & Protect Mortgage Borrowers
California Median Home Prices By County
Mortgage Rate Update July 27 2012 (What goes down must go up?)
http://www.youtube.com/watch?v=AyvXTLKIIVQ I'm sure you've heard on TV or the radio that mortgage rates are down to historical lows. They are, but usually by the time interest rates hits the media, it's obsolete information. Today I've had several interest rate increases. The primary reason the ... » Learn More about Mortgage Rate Update July 27 2012 (What goes down must go up?)
New Anti-Deficiency Protection for Refinance Loans Made After January 1, 2013
Starting January 1, 2013, a new California law will protect homeowners who default on their refinance loans from personal liability for any deficiency following foreclosure. Existing anti-deficiency law protects a borrower from personal liability for the difference between the principal balance ... » Learn More about New Anti-Deficiency Protection for Refinance Loans Made After January 1, 2013
San Fernando Valley (Los Angeles) Real Estate Turnaround Real or Head Fake?
http://www.youtube.com/watch?v=81dZN82Vhpg&feature=youtu.be[/youtube This is a real estate market update for the San Fernando Valley, Los Angeles, California. It's as if somebody flipped a switch, and turned the market from a buyer's market, to a seller's market... but this is a very localized ... » Learn More about San Fernando Valley (Los Angeles) Real Estate Turnaround Real or Head Fake?