Also FHA 203K program is for purchase rehab if you're buying owner occupied.QM or Qualified Mortgage legislation goes into effect Jan 1, 2014 min Fannie/Freddie conventional loans will be 95% LTV.There is a conventional purchase/rehab loan for investors at 75% LTV of as completed value..

Las Vegas has had a run up because of legislation slowing the foreclosure process thereby reducing visible inventory.

I find it ironic that both your post and the article you cite, arguing there is no accountability, start by referring to CFPB testimony in front of the congressional oversight “committee session to mark up CFPB reform legislation.”

I keep seeing articles all over the internet discussing upcoming changes and my banker tells me that "the rules are always changing" but I am curious to find a location or two that I can find what changes are coming without having to go through all of the legislation line by line.I guess I am looking for an expert site to help interpret upcoming legislation but not water it down for the masses like CNN, Fox, or CNBC.Thanks!

This is the very sort of blurring of lines that I believe new legislation in the U.S.A. has strove to clarify there.

@Joe GoreAgreed, but is that not the case with most substantive pieces of legislation?

It's clear in this legislation, DF only applies to loans to owner occupants.

Not only does this guy need to be exposed, but also the agencies at play need to be held accountable for letting this go on so long and for using up so many tax payer dollars.Finally, contact your legislative representatives and appropriate lobbying groups to change the laws that are holding back sensible solutions to a problem such as this.

BTW, a portion of the dues goes to lobbyists that TREIA hires from time-to-time to help fight state-level legislation that could negatively impact RE investors.  

Germain Act" it goes over how that legislation allowed banks to charge variable interest rates and allow property owner to put their properties in trusts for estate planning purposes.