What the New Mortgage Rules Mean for Borrowers

What the New Mortgage Rules Mean for Borrowers

Whether you’re refinancing your home loan or planning to buy a home in 2014, you’ll be among the first consumers to apply for a mortgage under new rules established by the Consumer Financial Protection Bureau. Known as “Qualified Mortgages” or QM regulations, these...
Title Issues in buying REO (bank-owned) properties

Title Issues in buying REO (bank-owned) properties

More and more buyers and their agents are looking at REO (“Real Estate Owned”) properties, there are some common title issues that can postpone a closing for days, weeks, and even months: 1. Has the foreclosure deed (DUP = Deed Under Power) been recorded by the...
Don’t “Fall” Behind on These Deadlines

Don’t “Fall” Behind on These Deadlines

This year, colder temperatures aren’t the only thing fall is going to bring. There are several important deadlines you need to be aware of, especially if you’re thinking of buying or refinancing a home. Here’s a summary of what you need to know....