Mortgage News

USA For Sale Wholesale; Visa Included

By |2019-09-23T06:10:34-07:00October 23rd, 2011|Market Update, Mortgage News, Tax, Uncategorized|

So many homes for sale along with our weak dollar have foreign citizens increasing their portfolio of US properties. It is interesting that the government seems to encourage it and is even considering a new Senate bill designed solely to lure investors to buy even more.

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Shared Appreciation Mortgages: SAM’s Coming Back?

By |2019-09-23T06:10:43-07:00October 20th, 2011|Market Update, Mortgage News, Real Estate, Uncategorized|

If you’re a keen follower of those endless hearings that are conducted in the vast oak-paneled rooms of the United States Senate, you might have heard mention of a September 14, 2011 session held by the Housing, Transportation, and Community Development Subcommittee on Banking, Housing, and Urban Affairs. Among other things, witnesses stated that the US ought to prioritize the development of the Shared Appreciation Mortgage (SAM) as a way to achieve equitable and broad-based refinancing of troubled home loans.

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CFPB: What It Means to You

By |2019-09-23T06:10:52-07:00September 26th, 2011|Mortgage News, NMLS, Safe Act|

In the wake of the ongoing real estate recession, the federal government has introduced a variety of measures designed to protect consumers and weed out unprofessional or predatory mortgage loan originators. One of these actions has been the creation of a new federal agency, the Consumer Financial Protection Bureau (CFPB).

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