Jeff Filali
Ten years after Bear Stearns, Congress reconsiders Dodd-Frank
Article courtesy of Bankrate.com Ten years after Bear Stearns, Congress reconsiders Dodd-Frankhttps://www.bankrate.com/banking/bank-reform-rollback-dodd-frank-ten-years-after-bear-stearns/What's everyone elses thought...
Sandy Uhlmann
How do I figure out who to send a QWR to?
I purchased a note that had a UPB that was near $100,000 on the tape. When all said and done and boarded with a servicer the UPB was recorded as about 3/4 of that number. The borrower admittted to owing the higher...
Michael Hutchinson
Lenders with Real Estate Licenses - Good or bad?
Just wanted to start a conversation with a few folks on the pros/cons. I am debating having both, but doing the lending side. Seems like a great way to meet more realtors at conferences and such. However, I plan on...
Donna Martinez
CA SB 644 - FULL refunds & AB-537 -Rates & Fees disclosure- July 1, 2024
Short term rentals will be required to refund full price beginning July 1, 2024 (for all bookings made prior to that date). Currently I have written in my contract the following:
A flat fee of $125 is charged for ev...
Sharon Smith
Newbie from Kernersville, NC
Hello Everyone
My name is Sharon. I currently reside in Kernersville, NC with my husband and son. I have been a business owner for 7 years now. I love to spend time with my family, read, research new opportunities on...
Ken Rishel
Think Lonnie Dealers are Safe from the CFPB?
On May 25, 2012, the Consumer Financial Protection Bureau (Bureau) issued a Proposed Rule (Rule) which, if adopted, would govern the process by which a "nonbank covered person" may become subject to the supervi...
Account Closed
Good news for investors - A new replacement for the Dodd-Frank
This is good news for investors:"CHOICE Act 2.0 switches stance on structure of CFPB leadership Following through on promises made by President Donald Trump, leading Congressional Republicans unveiled a new...
Reginald Smith Jr.
Wholesaler's EMD not considered legal equitable interest anymore.
Hello all. I'm a property Wholesaler in Florence, SC. My Realtor received a disturbing news letter today from the South Carolina Real-Estate Commission titled, "Wholesalers." The newsletter was informing her that EMD'...
Mason Jeffries
Best Tenant Screening Companies
What is, in your opinion, the best tenant screening company online and why?I looked at options like Cozy and MySmartMove. They seem to require the tenant to create an account basically run their own reports. Is there ...
Si L.
Seller Financing Help
Hi BP community.First post, I'm the seller of a SFR, and will be carrying the Note (seller financing) to help out the buyer/tenant who is someone I know.I have no experience in such deals. Is there agreements/contrac...