Category Archives: Uncategorized

12-27-2013: Apparently, the main reason for new disclosure forms is to explain any changes in the multiple iterations (upon application, after appraisal, when rates and terms are locked, and possibly other changes) – but they haven’t improved explanations. Source: http://www.macon.com/2013/12/25/2849672/the-mortgage-professor-improved.html … Continue reading →

3-20-2014: Colonial pipelines and Atlanta Gas pipelines need to be physically rerouted around the stadium development with possible interruption of I-285 traffic? New shuttle service for the Cumberland District including the ballpark is estimated to cot $900,000 to develop and … Continue reading →

Want to know what it costs you to live where you live? What is the LAP and why did it get developed? The official definition of the Location Affordability Portal (LAP): It’s a calculator for you to determine the “combined” … Continue reading →

2-12-2014: Many small banks are now facing a dilemma – repay their TARP funds now or a reset of their interest rate on TARP funds from 5% to 9% – that could hurt alot of smaller banks and create a … Continue reading →

Has anyone performed a personalized energy usage analysis for their home? Want to get one? Check out http://residential.georgiapower.com/products-programs/energy-audit/online-energy-checkup/ for more details. You can get one general one without providing personal information, or provide personal information and get a more specialized … Continue reading →

6-1-2014: Lenders are back pushing longer term fixed periods of adjustable rate mortgages to people with better risks and qualify under tighter lending standards than before. This time they’re offering one fixed initial interest rate up to 10-15 years after … Continue reading →

Neither do I…but in case you do, maybe you can register at this website and pay a fee and you can find out?: diedinhouse.com Source: http://www.kvue.com/news/231577091.html and find out! References to products and services are not a specific endorsement, but … Continue reading →

5-18-2014: Sallie Mae (formerly SLM Corp) & Navient agreed to pay $97 million for violating federal laws regarding student loan interest rate caps for military personnel. The companies apologized and have even agreed to foot $173 million to correct the … Continue reading →

Update 1-7-2015: Protecting Against Embezzlement In Your HOA includes check and balance system and some insurance In the same thought pattern of the SouthPark episode where the underpants gnomes steal underwear and turn it into profit, I am thinking of … Continue reading →

Now that the CFPB has defined the QRM (see CFPB & the Qualified Residential Mortgage (QRM)), HUD will define theirs and would like your comments…really? The Dodd–Frank Wall Street Reform and Consumer Protection Act requires HUD to propose a QM … Continue reading →