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By Sara Sutachan | Relevant news pertaining to real estate finance.

What Gay Marriage Ruling Means for Mortgages

The Supreme Court decision making same-sex marriage legal nationwide could boost mortgage demand as it provides gay and lesbian couples with more …

Mortgages

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2015 Low Down Payment Buyer Affordability & Accessibility Analysis | Newsroom and Media Center

90 Percent of U.S. Markets Analyzed Still More Affordable than Historic Averages;
Average Down Payment Program Benefit – $10,443

IRVINE, Calif. – June

Real Estate

How to talk to millennials about money

Millennials get a bad rap. The term itself has become synonymous with “distracted” — a quality perhaps best embodied by the infamous selfie stick. Not surprisingly, appealing to millennials in financial matters can be difficult.

Patrick O’Shaughnessy, CFA, principal and portfolio manager at …

Money

CFPB changes TRID effective date — again

The Consumer Financial Protection Bureau today issued a proposed amendment to the Know Before You Owe mortgage disclosure rule, which proposes to move …

Mortgages

CFPB Delays TRID Two More Days to Schedule Saturday Launch

The Consumer Financial Protection Bureau's new mortgage disclosure rules will now take effect Saturday, Oct. 3, two days later than the previously …

Mortgages

Down payment assistance website offers gold mine for potential buyers

Although 87 percent of homes qualify for down payment assistance, many potential homebuyers have no idea that they may be eligible for programs that …

CFPB will push TRID implementation to Oct. 1

After months of denying requests from real estate, mortgage and settlement service industry professionals and trade groups to either delay …

Mortgages

CFPB moves TRID date to Oct. 1

The Consumer Financial Protection Bureau announced on Wednesday a proposal to delay the effective date of the Know Before You Owe rule until Oct. 1, …

Government

TransUnion: 1.5M hit by mortgage crisis can re-enter housing market in next 3 years

More than 1.5 million homebuyers negatively impacted by the financial crisis could potentially re-enter the mortgage market in the next three years, …

Mortgages

CFPB throws real estate industry a bone on Aug. 1 enforcement — sort of

Takeaways: New TILA-RESPA Integrated Disclosures (TRID) regulations will take effect Aug. 1 Congressional lawmakers have requested a four-month "hold …

Real Estate

Discovering a down payment assistance program that can help more homebuyers

Many homebuyers have become overwhelmed by all the questions to ask before jumping into homeownership -- especially first-time buyers and those who …

Down Payments

Understanding the CFPB and its closing disclosure: Part 3

Takeaways:

Why three days really means seven.• 
Who does the preparation burden fall on for Closing Disclosures?
• 
What happens when errors occur?
• 
The

Mortgages

Understanding the CFPB and its closing disclosure: Part 2

Takeaways:

What’s the purpose of the Closing Disclosure?• 
What are the exceptions?
• 
What does that mean in practice?

The broad scope of the Consumer …

Mortgages

Understanding the CFPB and its closing disclosure: Part 1

Takeaways:

What’s the CFPB?• 
What’s the ability-to-pay rule?
• 
What happens when that rule is violated?
• 
What does it have to do with the new Closing

Mortgages

RIVERSIDE: DA’s office to hold meeting on HERO loan issues

Tamara Hunter, of French Valley, signs final refinancing documents at the dining room table after a months-long process and one she said would not …

Real Estate

It's official: CFPB will grant grace period on TRID enforcement

The Consumer Financial Protection Bureau will not delay implementing the complex TILA-RESPA Integrated Disclosure requirements that go into effect …

Mortgages

Leased solar panels can complicate — or kill — a home sale

Can going green by leasing solar panels for your roof cost you money — or give you headaches — when you go to sell the house?

Possibly both.

Say you get pitched by one of the growing number of companies offering solar panels at no upfront cost that they claim will save you lots of money on …

Renewable Energy

5 CFPB facts agents must know

Real estate agents often are not sure where to direct their clients for genuine help when an inaccurate adverse credit report clouds a real estate …

Real Estate

Why lending standards won't get better

Anybody who works with young homebuyers today knows the definition of heartbreak. It's when young couples with good jobs and dreams of homeownership …

3 reasons why the CFPB should delay TRID enforcement

Sweeping changes are coming to the mortgage closing process -- and congressional lawmakers are working with the Consumer Financial Protection Bureau …

Mortgages

High-rises are going high-tech

Technology is everywhere. It’s in our cars, our phones and our homes. For today’s luxury condo buyers, technology isn’t just an amenity — it’s a way …

Luxury Lifestyle

Mortgage lenders warm up to e-signatures

In the wake of increased regulatory oversight, economic pressures and shifting customer expectations, mortgage lenders are adopting electronic …

Mortgages

Freddie Mac: Rising rents aren’t pushing residents to homeownership

Conventional wisdom holds that rising rents drive people to homeownership, but new research from Freddie Mac suggests the conventional wisdom is all …

Housing

Report recommends adding phone, utility payments to credit score information

On the heels of Fair Issac Corp. -- the company behind FICO credit scores -- proposing a new credit scoring system, a recent report pushes for a …

Credit Scores

Sindeo 'demystifies' mortgage application process for buyers — and lenders

Technology is an important part of the Greek tradition, and the ancient Greeks made many valuable contributions to the world in the form of …

Foreclosure activity rises to 18-month high

Driven by an increase in bank repossessions, 125,875 properties faced some form of foreclosure activity in April, representing an 18-month high, …

Mortgage Delinquency Rate Drops to Pre-Recession Levels

Chicago,

18

May

2015

The mortgage delinquency rate (the rate of borrowers 60 days or more delinquent on their mortgages) declined to 2.95% in Q1 2015 – …

The title insurance industry doctor is in -- and his delivery system is a financial analysis firm

DUBLIN, Ohio — It’s quarterly earnings time for the nation’s publicly traded companies, and if you see earnings reports from the nation’s top title …