The Qualified Residential Mortgage Rule (QRM) part of the Dodd–Frank Wall Street Reform and Consumer Protection Act, is finally starting to look like it'll not just correlate with the Qualified Mortgage Rule (QM) that was put in place in January, but it will not have the 70% loan to value criteria ... » Learn More about The Qualified Residential Mortgage Rule Finally Getting Squared Away
Dodd Frank financial regulations
Wednesday- Do You Want a Crystal Ball That Will Predict the Future of Real Estate?
Don’t wait for the news to give you obsolete information. Ron Henderson President/Broker of Multi Real Estate Services, Inc will be conducting a presentation on how to use past and present indexes, charts, housing data, and technical analysis to determine the future direction of interest rates and ... » Learn More about Wednesday- Do You Want a Crystal Ball That Will Predict the Future of Real Estate?
Supreme Court Agrees to Hear Disparate Impact HUD vs CFPB Case
There’s a conflict between two government agencies that lenders have to deal with. The Consumer Financial Protection Bureau (CFPB) telling lenders that they’d better only make loans to those borrowers that meet their Qualified Mortgage criteria, and the Dept of Housing & Urban Development (HUD) ... » Learn More about Supreme Court Agrees to Hear Disparate Impact HUD vs CFPB Case
Government is Protecting First Time, Lower and Middle Income Borrowers Out of Homeownership
Government is protecting first time, lower and middle income borrowers out of homeownership. In other words the unintended consequence of governmental regulations is eliminating the traditional domestic real estate consumer. That’s the opinion of Rob Couch, one of the commissioners for the ... » Learn More about Government is Protecting First Time, Lower and Middle Income Borrowers Out of Homeownership
Mortgage Interest Rate Update September 10 2014
Interest Rates have been great, and still at historic lows, but over the past couple weeks we’ve been seeing a slow trickling up of the rates. Some of the increase in rates is because of the calming of geo political tensions. Russia has been behaving over the past week and there’s been less of a ... » Learn More about Mortgage Interest Rate Update September 10 2014