new mortgage rules impact broader housing market: Will The New Mortgage Rules Impact the Broader Housing Market? - 01/09/14 03:19 AM
Shortly additional rules under the Dodd-Frank Act will go into effect.  New rules have been slowly rolling out in the mortgage industry over the past few years, increasing the cost of compliance.  This latest set of rules, however, has the potential to create a larger impact on the broader housing market as they take aim at actual qualifying ratios rather than required disclosures.
The basic premise of the new rules going into effect is that lenders will have to verify that borrowers can repay their home loans.  This is sound practice, no one wins when loans are made that cannot be … (0 comments)

 
Chris Goulart, California Hard Money Loans & Solutions (All California Lending)

Chris Goulart

California Hard Money Loans & Solutions

Brentwood, CA

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All California Lending

Address: 1145 2nd Street, Suite A-262, Brentwood, CA, 94513

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Hard money loans are an alternative form of financing. We explore the real estate world and options that hard money lenders can bring to the table. Chris Goulart, DRE Lic. # 01458390 NMLS Lic. # 298819 DWJ CA Broker Lic. # 01180522


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