Hi Friends!
This is your Hard Money Lender in Tucson and the Southern Arizona area, Billy A with more Nationwide Mortgage news from my friend Herman Thordsen (www.lendinglaw.com).
Here are the headlines:
- Fannie Mae defines definition of Qualified Mortgage as of January2014.
- More proposed changes to CFPB Rules and Regulations. Read and be prepared like a good scout.
- Don’t have a “Red Flags” Manual, be prepared for the FTC to “bite.” If you need one you can purchase it from us.
- Violate the “Do Not Call” list and it could cost you $7.5 million with a series of Draconian orders along with the fine.
- Do “Forensic Audits” Mortgage Relief or Foreclosure relief and you might find your assets are frozen AFTER THE FREEZE.
- Estate Planning and how to protect your personal assets in this day and age.
- In Arizona the lender does not need the promissory note to foreclose.
- Orange County, California finds CEO of a mortgage company sentenced to federal prison.
- Lorraine Brown of Lenders Processing regarding all the Robo Signing gets five years in prison Question: if the documents are not legal because of the forgeries, how about the foreclosures?
- Two owners of a Title Company in Ohio charged with keeping over $200,000 that was sent to their title company for real estate transactions. Do you know how to pick a title company?
Click Here to download a free copy of the full report.
That’s it for this time! Make it another great day!
Your Hard Money Lender in Tucson and Southern Arizona,
Billy A
P.S. I want to be your favorite Hard Money Lender in Tucson and Southern Arizona, so please don’t keep me a secret! If you, your friends or family need help with funding, I’d be happy to give them free information without any obligation. Please give me a call at: