Why Lenders and Mortgage Brokers Have Performance Anxiety About “Consummation”
Background. On October 3, 2015, the Consumer Finance Protection Bureau’s “Know Before You Owe” program, aka “TRID”,[1] was rolled out. It was predicated on a
Background. On October 3, 2015, the Consumer Finance Protection Bureau’s “Know Before You Owe” program, aka “TRID”,[1] was rolled out. It was predicated on a
RMLS™ reports that for closed sales: “It was still the strongest January for closed sales since at least 1992— edging even over the 1,843 closings
Well, after 11 ½ months of waiting, homeowners who had a taxable distressed housing event in 2015 can rest a little easier. What with a
On this issue, in a guest blog dated March 13, 2015, Jo Becker, Educational/Outreach Specialist for the Fair Housing Council of Oregon (“FHCO”) posted an
Although the deck isn’t exactly “stacked” against home buyers, at a point in time during the purchasing process, the law does shift the burden of
Background. On October 7, 2015, the City of Portland amended its Code to address what it believes is a shortage of available housing units for
Oregon Administrative Rules 863-015-0250 (Professional Real Estate Activity Records) and 863-015-0260 (Records Retention) are the primary regulations governing a broker’s record keeping and retention responsibilities.
As with much that the CFPB does these days, there is some that is good, some bad, and some, just plain ugly. And for a
Introduction. The seller’s property disclosure form is second only to the home inspection report in giving buyers important information about the condition of the home they
In the July 23, 2015 Wall Street Journal, former Senator Phil Gramm, wrote about the “double whammy” effect of Dodd-Frank (here). First, it “…has hit