Industry News
Real Estate Agents as Fee-Only Fiduciaries: The Way of the Future?
The Sitzer v. NAR antitrust lawsuit has the potential to turn an industry-accepted compensation construct on its head. Read More
What Is A Qualified Mortgage?
http://bucket.wistia.com/medias/lauzutkl1j?embedType=async&videoFoam=true&videoWidth=640 As this video explains, Federal laws put into effect in 2014 and supervised by the Consumer Financial Protection Bureau define lending practices and loan terms...
What Does Ability To Repay Mean?
http://bucket.wistia.com/medias/6m745ysxnc?embedType=async&videoFoam=true&videoWidth=640 What are the “Ability to repay” rules about? In a nutshell, as this video shows, new laws require lenders to make a good-faith assessment of a borrower’s capacity...
What Is The Debt-To-Income Ratio (DTI)?
http://bucket.wistia.com/medias/flr8mk3lmb?embedType=async&videoFoam=true&videoWidth=640 Measuring your existing debts against your existing income is one part of a lender’s required assessment of your ability to repay a loan. Like the video says:...
What Are VA Home Loans?
http://bucket.wistia.com/medias/24s5qdnz4o?embedType=async&videoFoam=true&videoWidth=640 What Are VA Loans? As the video says, the name is misleading - they’re not loans FROM the VA. The VA - short for “US Department of Veterans Affairs” - is the...
What Are The Major Types Of VA Loans?
http://bucket.wistia.com/medias/8e7n5okv82?embedType=async&videoFoam=true&videoWidth=640 What Are The Major Types Of VA Loans? Major Veterans Affairs loan programs described in this video include: 1) Purchase Loans. These help eligible parties buy a...