Mortgage Updates

The Consumer Financial Protection Bureau (CFPB), has new rules with implementation by mortgage lenders to begin January 21, 2013 - Martin Luther King Day.  In the spirit of that day, "I have a dream" that Dodd-Frank will someday be repealed, but for now we have to wake up and get to work trying t...

CoreLlogic reported that housing prices rose 7.4% in the 12 month period ending November 30, 2012.  That is a pretty impressive number, especially when you consider that it includes all the distressed sales.  I don't know what the price increase would have been without the short sales and foreclo...