Site search

Site menu:

Subscribe to RCG

Recent Comments

  • It’s Official: New Conventional Guidelines for Ordering Appraisals (10)
    • Kary L. Krismer: I’d agree with that. On the bank issue I once saw a loan officer try to convince an elderly man that a HELOC was the better than a reverse...
    • Rhonda Porter: Kary, the phrase “mortgage brokers” is often wrongly used in the media…I believe in many cases, it should be replaced with “loan...
    • Kary L. Krismer: Yes, I’m aware of that. When Cuomo made the allegations I was surprised that it was WAMU he was going after, because it was always some mortgage...
    • Rhonda Porter: Kary, this was caused by Cuomo investigating WaMU for strong-arming appraisers to meet certain values and then blacklisting them if they did not. This...
  • Government Intervention in Foreclosure (42)
    • Kary L. Krismer: Jillayne emailed me the letter that was the result of that representation at the meeting. That’s what I was working off of.
    • Rhonda Porter: Kary, re. 37: I believe DOR has stated at a recent Escrow Assoc. meeting that excise tax is due on the loan amount when dealing with a short...
    • Rhonda Porter: I couldn’t agree with Gene’s comment more: “This is NOT a case where there was a natural disaster. This is mostly a case of a rampant...
    • Kary L. Krismer: I’ve been thinking about this excise tax thing further, from a theoretical point of view, rather than just looking at the language of statutes...
  • Mother Nature Happens… (4)
    • Kary L. Krismer: Which again is another reason to have a clause providing for an automatic extension if the transaction doesn’t close due to a reason not the...
    • Rhonda Porter: Last night watching the news, it reminded me of the earthquake we had a few years back during a busy time in the market. It didn’t matter if...

Recent Trackbacks

Active Contributors

dustin

Dustin Luther Marketing Strategy
email
4realz.net
805-624-6086

Ardell

ARDELL
Assistant Broker
email
Search Seattle
206-910-1000

Rhonda Porter Mortgage Expert
email
Mortgage Porter
206-718-9488

Rhonda Porter

Jillayne Schlicke RE Educator
email
CE Forward
206-931-2241

Jillayne Schlicke

Deborah Burns

Deborah Burns Real Estate Agent
email
Urban Villages
206-618-0565

Tim Kane

Tim Kane
Escrow Specialist
email
Legacy Escrow
425-353-1401

Robbie Paplin
Software Engineer
email
Caffeinated Soft

robbie

Galen Ward
Real Estate Search
skype
Estately
206-801-1959

Galen

Reba Haas

Reba Haas
Seattle Specialist
email
Team Reba
425-970-3697

Gordon Stephenson

Gordon Stephenson Seattle Broker
email
Seattle Houses

Craig Blackmon Real Estate Law
email
Seattle Law
206-357-4222

craig

Jon Ribary
RE Developer
email
LTD Properties

Jon Ribary

Jim Reppond

Jim Reppond Associate Broker
email
Reppond Team
206-295-1771

Karen Kirr
Karen Kirr
New Seattle Resident

Links:

Archives

Meta

Tag: residential

Our New Responsible Mortgage Lending law

Just when you thought you had seen the most stupid law from our legislature regarding real estate omitting common sense, here comes another! House Bill 2770 aims to make what was a federal offense a state class-B felony. While it is aimed at mortgage brokers, it has wide sweeping implications to real estate agents, buyers, [...]

Posted: June 17th, 2008 under Agent Advice, Legal Issues, Mortgage and Lending, Real Estate Law.
Tags: , , , , , , ,
Comments: 31