August 1, 2015 is showtime! That’s the date that the TILA/RESPA integrated disclosures rules (“Rules”) go into effect, compliments of the ubiquitous Consumer Financial Protection
“Bureaucracy destroys initiative. There is little that bureaucrats hate more than innovation, especially innovation that produces better results than the old routines. Improvements always make
I have been critical of the Consumer Finance Protection Bureau (“CFPB”) for many things, but providing good easy-to-understand information is not one of them. The
His head was bent in sorrow, green scales fell like rain, Puff no longer went to play along the cherry lane. Without his life-long friend,
Section 25 of the OREF Residential Sale Agreement sets forth Seller and Buyer remedies for breach. They are materially different. If the Buyer refuses to
“24% of all purchase loans have a debt-to-income ratio greater than the CFPB’s Qualified Mortgage rule limit of 43% [of debt to income], a new
Generally. The term “dual agency” has multiple applications. Technically, in Oregon, at least, the term is not defined by statute. This is not to say
According to Housingwire (“Ocwen offering indemnification to company directors and executive officers”): “By its own admission, Ocwen Financial (OCN) is facing 21 pending investigations in 15 different states, is currently
A One-Party Listing Agreement obligates the seller to pay a broker’s commission only if he/she sells the home to a buyer who has been brought
Like the pig through the python, we are still seeing homeowners slowly going through the unpleasant process of foreclosure, seven years after the housing and
