Introduction. This is Part Two of ATR and QM FAQs. Part One is here. The FAQs below come directly from the most recent CFPB guidelines
As 2013 recedes in the rear-view mirror of memory, I thought it high time to ask what were some of the significant developments of the
Introduction. The FAQs below come directly from the most recent CFPB guidelines for January 2014. As I go through the rules I will supplement the
Ever thought your lender had made an error, say failing to properly credit a payment, or levied an inappropriate charge? What can you do, and
A recent article in the online MReport Daily (“Underwriting Standards Ease as Banks Vie for Business”) repeats the same information I’ve been reading on many
On January 28, 2014, Sergio Ermotti, chief executive of UBS AG, was fed up. While visiting swanky Davos Switzerland [referred to in a New York Magazine article
Background. People with an “institutional memory” of the real estate brokerage business over the past 30-40 years will say that pocket listings have always been
“Ocwen, Ocwen, Ocwen.” What a peculiar sounding name for a large company! Does it have some noble Greek meaning? Or perhaps a venerated Roman god
OK, the numbers are in for calendar year 2013. In 3Q 2012, for the first time in five years, housing prices actually began to improve,
For those folks experiencing, or about to experience, a “1099 event” resulting from a short sale, deed-in-lieu-of-foreclosure or foreclosure in 2014, these are harrowing times.
