The local multiple listing service has eliminated the ability to note an open house in the system. This is in reaction to guidance from the California Association of Realtors to meet the "Stay at Home" order. Property showings should be done using technology, avoiding personal physical ... » Learn More about COVID-19 Real Estate Sales and Temporary Loan Guideline Changes From Freddie and Fannie
COVID-19
Potential Issues Funding Home Purchase and Refinance Loans Due to COVID-19 & the Stay at Home Order
I’ve heard “I didn’t think of that” from several real estate professionals lately. Time to wake up. The COVID-19 virus scenario is going to put purchase loans and refinances at risk in several ways. The Ability to Repay Act portion of the Dodd Frank Regulations requires that the lender of a ... » Learn More about Potential Issues Funding Home Purchase and Refinance Loans Due to COVID-19 & the Stay at Home Order