One in Five Loans to be Disqualified by CFPB 26

The Consumer Financial Protection Bureau – CFPB. Useless? Maybe. Waste of money? Possibly. Keeping busy? Definitely. For instance, they’ve written a whole guide book for the “Qualified Mortgage” that’s supposed to keep folks like you and me from being taken advantage of. It’s meant to make sure the banks play […]

HUD Makes New Laws for Short Sales 24

HUD is getting scared. They’ve seen just how instrumental short sales are to the housing market recovery and so they’ve decided to throw their weight around just to make things more difficult (“better” in their language). Basically they’ve announced some changes regarding short sales. These new policies came into effect […]