At the beginning of 2014 rules went into effect that differentiated between qualified mortgages (QM) and non-qualified mortgages (non-QM)! The purpose of making the distinction between the two was the governments methodology to try and avoid the scourge of the bad loans that helped lead to the 2008 financial crisis. This ‘toxic debt’ that was […]
January 10, 2014 has ushered in a new environment in the world of originating mortgages as substantial changes to the way that underwriting is done have been implemented! The new rules have been put into place by regulators in order to try and avoid the underwriting practices that helped lead to the 2008 financial crisis […]
What do these three topics have in common? Not that much really but if you are in business and/or involved in the real estate market they all can have an impact on you in one way or another! Attorney’s and Website Marketing The first article is focused on law firms and the fact that while […]
