Lenders are upset

Lenders are upset

They say that the rules brought on by the Consumer Financial Protection Bureau go too far in insisting that lenders verify borrowers ability to pay. A new government agency called the Consumer Financial Protection Bureau has been created to protect consumers from...

Ridiculous lender demands

Think its hard to get  a loan? You ain’t heard anything.The pendulum has swung so far to the other side- from granting a loan to anyone who breathes, to making it virtually impossible to most people. Forget even trying if you work for yourself. Besides the...

FHA extends anti-flipping

It was supposed to expire at the end of the year. If you flipped a house within 90 days, you could not sell to someone who is getting an FHA loan. In the 90’s there was a lot of hanky panky going on. In its usual way, the govt went overboard the other way but...

BUY A HOUSE- GO TO JAIL

It’s to be expected that a non-judicial process that divests a defaulting property owner of their title to real property would be closely regulated to insure fair dealing and uniform application throughout the state. California is one of the toughest. Even in...