January 13, 2014

January 13, 2014

Will Divorce Release You From Home Lien? – Any mortgage or lien against the property stays with the property regardless of whose name is on the title. So, the house will continue to be considered collateral for the debt even if he removes his name from the title. Because laws vary by state, your mother-in-law would be wise to consult with a qualified attorney to determine her best options moving forward.

What CFPB Mortgage Rules Mean For You – Rules to police lenders may slow process of getting a loan

5 ways the jumbo mortgage market will change in 2014 – Wealthy home buyers signed up for these loans in droves last year because of their low rates and flexible repayment options. The total dollar amount of originated private jumbo mortgages—which exceed $417,000 in most parts of the country and $625,500 in pricey housing markets such as New York and San Francisco—was on track to be the highest since 2007.

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MEDIATOR OF THE MONTH: Jeffrey Grayson
January 13, 2014