“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
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
Megan’s Law. Megan’s Law was enacted in 1996 after seven-year-old Megan Kanka was raped and murdered by a sexual predator. It requires the registration of
If inhaled or swallowed, lead can be very toxic, especially to small children. If ingested, it accumulates in the body’s bones and other tissues and
