menu=index&ms_user=monm&passwd=data&district=1301&mode=11 or  http://www.state.nj.us/treasury/taxation/lpt/TaxLi...Great place to get info.

There are requirements federally under the SEC, the UCC, The Patriot Act, Money Laundering, Treasury Rulings, Federal Reserve, FDIC, HUD, Fair Credit Act, Consumer Federal Protection Act, Fair Housing Act, the Veterans Administration, The Small Business Administration, yes, even the Postal Service, many of which have police powers and their own investigators .

Treasury?)

These loans are fixed long-term (5,7,10,12) loans with 30 year amortization at about 3.00% above the corresponding treasury rate.  

The person mentioning treasury rates it doesn't make sense to do a 10 year treasury when the rate is almost the same now as a 3 or 6 month rate.

You would have better odd's going to a casino and putting everything you have on black at the roulette table than you do of having a good outcome of a rental property bought via HML. 

The Consumer Financial Protection Bureau ("CFPB"), through its sponsors in the Treasury Department, and the Conference of State Bank Supervisors ("CSBS") signed a memorandum of understanding ("MOU") relating to information sharing and coordinated regulatory efforts.

If owning rental property is part of your long-term strategy of creating passive wealth - and there are other vehicles, from inflation-eating CDs and treasury notes to all-out-financial warfare Third world financial currency - one of your biggest risks is having enough money to get you through the 5-30 years that you will be too old to make much/any money through your labor.

I would invest in risk-free online savings, CDs, US Treasuries, and money market mutual funds at 5% over getting 10% in asset classes that have a risk component. 

Only when consumers unable to obtain home loans start to complain en mass, AND the liberals first choice of having the Government give them loans out of the Federal Treasury is shot down, will the legislation be somewhat modified to bring credit for less creditworthy borrowers back into the market.