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Mortgage Expert Witness consultation, research and testimony is often used in mortgage litigation cases. I do this work sometimes, but wanted to ask what common types of mortgage litigation others are seeing, especia...
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If I read this correctly, it will end the exemption for hard money/private money loans. After July 1st, anyone who wants to give a loan will need to be licensed. Getting a lender license is no joke, it's a tough proce...
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Hi all,I have 3 rental units and trying to get the 4th. We are looking to do HELOC on our main home and use that for it. My loans are in my personal name, but I recently transferred the deeds to my LLC. Since the loan...
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Hey BP,I am new to buying property and I wanted to get your insight on real estate agents. This has been my experience so far:I have been working with my mortgage lender for over a year now and she does a lot of work...
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Contrary to popular borrower belief, the mortgage business is actually more about people than numbers. In the beginning it might be all fun and games with X's & O's and spreadsheets of mortgage quote comparisons b...
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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...
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Hey, I'm a new investor and I purchased a home about a year ago with the help of my dad. He cosigned on the house with me because the mortgage was more than I qualified for by myself. I've been saving up for a down pa...
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Sharing some info from two sources this weekRegarding states looking to strengthen seller financing licensing requirements and court decisions for those not licensed:First from Facebook group school of sharks:Hey guys...
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Fannie Mae Selling Guide Page 180(First time post!) My wife and I are looking to purchase a vacation home with the intention of renting it out and self-managing on AirBnB and VRBO when we are not using the property (m...
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Greetings all I am new here, I'm 23 I left college 16 months ago and began working on the books In april 2020 at my current job. Currently I make 900-1000$ bring home weekly(variable income). This is going to be the f...