Mark Aalto's (maalto) Blog

Everyone seems to know what a short sale is these days, but few know about some important changes in Oregon law with respect to Short Sale Negotiation.  Oregon's House Bill 2191, which became law in 2010, says the following: Residential Short Sale Negotiation is a regulated Debt Management Servic...

The majority of the blogs or articles I have read about new mortgage regulations are boring and the message is lost amidst confusing jargon and an endless collection of acronyms. Most people don't buy a home or refinance a mortgage every day so the topic itself is not on the radar screen very oft...

I am frustrated with the current Good Faith Estimate (GFE) but not for the reasons that most people rant about.  The flaws of the new document are well documented and I won't bother with reiterating what many have already adequately and eloquently addressed. My frustration is with the timing of t...