Jillayne Schlicke is CEO of CE Forward, Inc. and the Executive Director of the National Association of Mortgage Fiduciaries.
Hi Everyone,
Here’s our follow up Q&As from class.
Here’s the statistical data on Pay Option ARMs and here’s the reset chart. A big thank you to CalculatedRiskBlog who allows me to use his charts in class for educational purposes. Thanks, CR!
Here’s a link to homeownership.wa.gov with free help for homeowners facing foreclosure from HUD-approved Housing Counseling [...]
Hi Everyone,
Here’s the follow up from today’s class.
Here’s a link to the REO inventory graphs from the first hour of class.
Here’s the unofficial problem bank list. CR updates this every Friday night or Saturday morning.
Here’s the blog post Val mentioned regarding the list of links to bank-owned REOs for sale.
Here’s that story about a Windermere [...]
Hi Everyone,
Here’s the follow up from today’s class.
There was a question about whether or not the short sale debt is considered a taxable event when the lender forgives the shortfall. Here’s a link to the IRS website explaining the Mortgage Forgiveness Debt Relief Act; who is and is not exempt. By the way this was [...]
Hi Everyone,
Wow, what a fantastic class today…so many interesting questions and so MANY questions on Deeds-in-Lieu of Foreclosure. As promised, here’s the follow up:
Here’s some reading material on loan modification plan for people with Pay Option ARMs seeking principal balance reduction.
Here’s the statistical data on Pay Option ARMs and here’s the reset chart. A big thank you to [...]
While doing research for one of my new classes, “Buying an REO” I came across an outdated list of direct links to bank REOs for sale. So I decided to update the links and repost it for my students. I also added some regional banks from the Pacific Northwest. Feel free to leave new links in [...]
Hi Everyone,
Here’s the follow up from today’s class.
Nobel Prize winning economist Dr. Paul Krugman gives us some nice data about the Community Reinvestment Act and how CRA is not to blame for the meltdown. All you have to do is google or bing this: community reinvestment act harvard
and the Harvard PDF will come up right at [...]
Hi Everyone,
Here’s the folow up from today’s class.
Here’s the graph showing 96.5 percent of all loans now backed by the federal government.
Here’s the New York Times interactive map showing the subprime loans made during the real estate bubble run-up.
Here’s a way to see the FHA default rate of your favorite lender.
Here’s that story about a [...]
Hi Everyone,
Wow, what a fun class today! Here’s the follow up:
Here’s the story from the L.A. Times about the FBI filing criminal charges against 1200 people today for mortgage fraud.
There were several questions regarding Homeowner’s Associations and how many month’s worth of dues they can force the lender to pay after foreclosure, and how a HOA can [...]
Here’s a link to the mortgage delinquency stats charts we looked at during the first hour of class.
There was a request to see graphs comparing the 1990s recession with our “Great Recession.”
Here’s the most recent “unofficial problem bank list” from CR. This list is updated every Friday evening on calculatedriskblog.com
Here’s a link to HAFA: The [...]
Hi Everyone,
Here’s the follow up Q&A from today’s class.
Q: Do I have to become a managing or designated broker in order to supervise my assistant?
Since there is no clear answer here, I will email DOL direct. When they respond, I will post the response back here on the blog.
Q: Does DOL have definitions for the language [...]
Continuing education should not be boring. CE should not make you fall asleep, wish you were back at the office, or wish you had spent your time and money doing something else. Continuing ed should be fun, enjoyable, interactive, and relevant. CE Forward will push you to work hard in the classroom. You will experience more than just butt chair time in our CE classes. We are a forward-looking company and we watch for relevant trends, issues and new laws. We help you learn using methods beyond just a lecture. In our classes, workshops, and keynotes you get to do more than just sit there and listen.