Posts tagged as:

lending

New RESPA rules & loan origination

July 10, 2011

Here’s a helpful primer from Chicago Title regarding the new RESPA rules’ effect on the mortgage industry. These rules were designed to build more transparency in the lending process prior to close of escrow. This may make for pretty dry reading. However, with these updates—though some may deem complications—to the mechanics of the closing documents, […]

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In the news

February 26, 2010

The California Association of Realtors compiles a weekly summary of relevant new articles. This week’s includes articles on the decline in the lux market, trends in jumbo financing, and consumer behavior in credit card vs. mortgage payments, etc.

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More changes for FHA financing

February 2, 2010

Be aware of the following if you’re an FHA borrower. If you’re on the market for condos or townhouses, effective February 1st, “spot approvals” will no longer be available. Spot approvals are stopgaps for FHA buyers to try to purchase properties, where the HOA has not been FHA-approved. You can check here for a list […]

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