Category Archives: Uncategorized

Mortgage fraud continues – because there’s humans involved

Update 9-22-2014: Still no FBI updates on mortgage fraud – gee, do you think it has stopped? Right… As of the date of this post (5-15-2013), there have not been any formal FBI reports on mortgage fraud since 2010.   But … Continue reading

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California Agent Visual Inspection Disclosure (AVID) form

Even though I’m in Georgia and we don’t do this…yet…it still makes me ask the question :   Why? For the benefit of Buyers, Sellers, or thousands of California attorneys who can sue? Even though the form stipulates that the AVID … Continue reading

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Real estate transfer taxes

Without real estate transfer tax, Chicago property tax hike might be inevitable Opinion The emergence of local real estate transfer taxes 7-29-2017: COMMENTARY: Hike in property transfer tax detrimental to Delaware>/a>. Update 7-18-2017: Real estate market slowdown may impact land … Continue reading

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Short Sale Lease Back – Legitimate Alternative to Foreclosure?

I am not sure about this program or non-profit organizations who are doing this, nor do I know anyone who has performed this transaction, but it is an interesting alternative to a straight short sale and eviction. Here’s an article … Continue reading

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USDA (US Department of Agriculture) Mortgages

The USDA offers the Housing and Community Facilities Programs (HCFP) which helps rural communities and individuals by providing loans and grants for housing and community facilities. Sometime lenders make loans an they are guaranteed by the USDA, and sometimes the … Continue reading

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Cobb Housing, Inc.

Comprehensive Counseling in the Marietta and Cobb County area Cobb Housing, Inc. is a non-profit community based organization designated as a State of Georgia Community Housing Development Organization. The agency‟s mission is to enhance the community by providing a full … Continue reading

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Federal Deposit Insurance Corporation (FDIC) News

3-17-2014: After other lawsuits against large banks due to the LIBOR (London Interbank Offered Rate) “rate fixing” scandal, the FDIC has jumped in to sue 17 large banks claiming they colluded to manipulate the rate and it subsequently affected the … Continue reading

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Consumer Financial Protection Bureau (CFPB)

8-24-2013:  Richard Cordray completed Senate confirmation in July.  Funding for the CFPB is controlled by the Federal Reserve – not Congress. Well, the CFPB, established by the Dodd-Frank bill, has certainly pulled in the reigns and limited mortgage lending definitions … Continue reading

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Income tax liens and property tax liens

Good article from Ilyce Glink about some of the issues about income tax liens.  Bottom line on Income Tax Liens: In Georgia, the closing attorney should have a title search performed regardless of whether a loan is involved or not, … Continue reading

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Georgia Security and Immigration Compliance Act (Georgia SB 529)

The 2006 drafted act requires the use of a Federal program (SAVE) to administer public benefits using a verification system.  However, not all Georgia agencies that administer public benefits use the system. Currently, only Georgia public employers and their contractors … Continue reading

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