This article was originally published on Inman Select, November 3, 2015 Recent background At the end of 2013, mortgage companies and real estate firms dismantled their affiliated business arrangements (AfBAs) because the 2014 Qualified Mortgage rule required profits from AfBAs be included in the 3 percent limit on fee income. As 2014 unfolded, lenders and […]
To the attendees from the North Puget Sound Escrow Association Seminar, November 2015
Hi Everyone! Thanks again for inviting me to be a presenter at your seminar today. Here are the links and info that were mentioned in the seminar. Mortgage Fraud Trends Trends spotted by Freddie Mac. And from the FBI. HUD OIG is noticing an increase in the Sovereign Citizen scams. DFI continues to see out […]
To The Students From The April 22, 2015 Realtor Class: Clients Behaving Badly in Silverdale
Hi Everyone, Here are links to some of the things we covered in our class today. Here’s the Holmes and Rahe Stress Scale. Sometimes Realtors have said that they might give this to a client to take, just for the client’s own use and awareness of how much stress they might be under. There’s new […]
For Loan Originators: How To Compete Against A Builder’s Lender
I am asked the following question least 100 times a year: Question: Is it legal for a builder to offer something to the home buyer such as extra funds to use for closing costs, or extra upgrades to the subject property, but then take those extra things off the table IF the home buyer refuses […]
Zillow’s Co-Marketing Program May or May Not Violate RESPA
Author: Jillayne Schlicke, MA CE Forward, Inc. Note: Author is not an attorney and this article shall not constitute legal advice. I have recently received several calls about the Zillow co-marketing program from loan originators who report that their real estate agent clients are inviting loan originators to co-advertise with them as the real estate […]
To the Students from the January 30, 2013 Class: How To Listen With Your Eyes
Hi Everyone, Here is the link to the slides from today’s class. Do we have a primitive brain in our gut? Here’s a TED Talk and an article. I mentioned a fabulous book near the end of class, A Different Mirror; A History of Multi-Cultural America. It’s only $8. for those who use a Kindle […]
To the Students from the Jan 14, 2014 Clients Behaving Badly class at Seattle King Co Bellevue
Hi Everyone, Here are links to some of the things we covered in our class today. Here’s the Holmes and Rahe Stress Scale. Sometimes Realtors have said that they might give this to a client to take, just for the client’s own use and awareness of how much stress they might be under. Here’s more info […]
To the Students from the July 23, 2013 BPO-R Class at SKCAR Bellevue
Hi Everyone, Here are some links that were mentioned in class today or links that I believe may be helpful: Here’s a link to the BPO-R website. Here’s the definition of a BPO….from our WA State Licensing Law. there was a suggestion to use the Marshall and Swift book to get some help with how to adjust comparable […]
To the Students from the June 21, 2013 Foreclosure Field Trip at SKCAR Bellevue
Here are some links to websites and other information we will review in class. Here’s the 61 page WA StateForeclosure Resource and Prevention Guide. This was published by Rob McKenna’s office when he was our AG and is a pretty good resource document. There’s info in here about tenants rights that you may find useful. […]
To the Students from the June 11, 2013 Clients Behaving Badly class at SKCAR Bellevue
Hi Everyone, Here are links to some of the things we covered in our class today. Here’s the Holmes and Rahe Stress Scale. Sometimes Realtors have said that they might give this to a client to take, just for the client’s own use and awareness of how much stress they might be under. There’s new research […]