How To Buy A Home At $100,000 Discount

Fannie Mae and Freddie Mac are stuck with nearly 150,000 foreclosed homes that they are scrambling to unload. They are making it known that they will now offer some important incentives to buyers who consider their properties. When compared to similar homes being sold by individuals, these incentives will make it very tempting to more … More How To Buy A Home At $100,000 Discount

Take The RESPA Quiz

The Real Estate Settlement and Procedures Act (RESPA) was enacted into law to protect buyers who obtained mortgage financing on their purchase to receive clear disclosure of expenses involved on their transaction. Understanding the intent of this law can be better understood by taking this quiz. Whether you are a real estate agent or a … More Take The RESPA Quiz

What the government knows about your mortgage

Did you know that the government already collects information about you and your mortgage when you apply for a mortgage? For years they have been able to find out your sex, race and income level. Now, under the Dodd-Frank Wall Street Reform and Consumer Protection Act additional data will be collected so that the government … More What the government knows about your mortgage