Monthly Archives: January 2013

Update 12-17-2014: Even though the US Senate and Mel Watt (Director of FHFA) are still investigating the apparent excessive insurance rates of properties in loan delinquency, there has not been any changes to existing rules…so the excessive cost continues. Source: … Continue reading →

Basically, here is the overall CFPB definition that lender will use to determine the borrower’s “Ability to Pay” the Qualified Residential Mortgage that will become effective January 10, 2014: The lender must collect and verify your financial information. When you … Continue reading →

11-18-2014: Now, the builder IPO market seems to be subsiding. 11-15-2013: Tri Pointe has announced merger with Weyerhaeuser….California developer Shapell Homes is a target for large builders…other IPOs coming and possible Merger & Acquisition (M & A) activity to increase … Continue reading →