Consumer lending platforms, also known as crowdfunding, or peer-to-peer lenders, have inundated the consumer lending space since 2008. Although the Consumer Financial Protection Bureau (CFPB) has wreaked havoc on the ...

The book states as follows:

"The Real Estate Settlement Procedures Act (RESPA) requires lenders and mortgage brokers to give you this booklet within three days of applying for a mortgage loan. RESPA is a federal law ...

Hello everybody, i recently found out that South Carolina has recently passed a law that doesnt allow using public data for marketing purposes. my question is, what are people doing to get this info from a non public ...

California, Nevada, and Idaho have statues that regulate intermediaries and protect consumers from theft who want to do a 1031 exchange. If you want to do a 1031 exchange in the state of Pennsylvania, can you get a qu...

This is good news! No more COVID eviction protection. I hope everyone suffering can finally find a path forward. Feel free to share your plan of attack/what your goals are moving forward. Please, no politically char...

I wanted to get some input and clarification on some wholeselling practices. I was talking to a potential off market seller, who happened to be a RE broker, and he brought to my attention illegal activity in wholselli...

Hello BP,I recently upgraded to BiggerPockets Pro and I'm ready to get off the sidelines. I'm ready to pursue my first rental property in the form of a multi-family house hack. I've done my research on FHA loans and I...

As most people in the mortgage lending industry well know, the Consumer Protection Act under Dodd Frank has made it more difficult for consumers to obtain credit by trying to “protect” them. By placing expensive regul...

The Dodd-Frank and the Consumer Protection Act have made it virtually impossible for a consumer to obtain a hard money or private money loan anymore. In the wake of the financial crisis, many consumers have had hits t...

Thirty-three states in the U.S. saw increases in foreclosures over the 3rd quarter last year. The U.S. as a whole saw a 3 percent year-over-year increase. This increase in foreclosure activity is partly due to the ba...