Why are the National Association of Mortgage Brokers’s (NAMB’s) Mike Anderson and MBA‘s Dave Stevens talking at the NAMB convention?
57 New California Real Estate laws will take effect in 2013. The following are Laws that I think are important for Homeowners, Landlords, and Tenants to be aware of: 1. Landlord Must Disclose Notice of Default to Prospective Tenants: Starting January 1, 2013, every landlord who offers a (one to four unit) residential property for…
A 2009 California law protects homeowners forbidding any person or business to charge an upfront fee for loan modification services was breached. The five are charged with at least seven counts of felony grand theft and other charges are: Jacob J. Cunningham, 24, of Irvine Justin D. Koelle, 23, of Costa Mesa Andrew M. Phalen,…
There is a real estate brokerage firm in San Diego California that is following the lead of a couple of other firms that will not allow their real estate listings to get posted on common listing sites such as MLS, Trulia, Zillow and Realtor.com Besides making accusations that home listings which get posted on sites…
We may have come a long way from the days of philosophers such as Socrates, Kant and Nietzsche, but when it comes to the ethics they shaped and espoused, they are as relevant today as they were in their day. Defending the concepts of right and wrong conduct amidst a wealth of moral and personal…
Beginning with loan applications taken October 3, 2015, the CFPB (Consumer Finance Protection Bureau) rolled out the new TRID (TILA-RESPA Integrated Disclosure) forms. These forms replace the GFE (Good Faith Estimate), TIL (Truth In Lending) disclosures, as well as the HUD-1 closing settlement statement that mortgage consumers have been used to seeing for years. So,…
Current National Association of Mortgage Brokers (namb.org) President Michael D’Alonzo and his company, Creative Mortgage signed a consent agreement with the Commonwealth of Pennsylvania for violations of the Real Estate Settlement Procedures Act and the Pennsylvania Mortgage Licensing Act. The state alleged that on 18 occasions Creative Mortgage, Michael D’Alonzo owned company, a non FHA-approved mortgage broker, submitted FHA insured mortgage…
