Lancaster Life and Home

A recent article by Ken Harney at the LA Times cited a study done by Experian (one of the 3 major credit reporting bureaus) that highlighted some very interesting information about foreclosures.  Think foreclosures only happen to people with bad credit?  Think again! Traditional thinking indicate...

Housing Professionals, you need to sign this petition!   Help your business by asking congress to correct the damage caused by the implementation of HVCC!   http://www.hvccpetition.com/

You can run but you can't hide, FHA adopting HVCC and all of it's problems!  Yes it is true, just yesterday, September 18th FHA sent out a Mortgagee Letter to all lenders that they are adopting HVCC in most of its current form. By now most of you know about HVCC, if not please check my previous b...

Recently, some changes were made to Regulation Z and RESPA that affect lenders and their requirements to disclose fees for their services and the total cost of the loan. The changes affect specifically how lenders are required to deliver the Truth in Lending (TIL) statement and what they are/are ...

The National Association of REALTORS® (NAR) is asking its 1.2 million members to write to Congress to extend the successful homebuyer tax credit into next year.  NAR has a great system email system to reach all of it's members allowing massive responses to these "Call to Actions".  According to r...

This past May, a new law went into effect that did not capture much media attention at the time.  The "Helping Families Save Their Homes Act of 2009" became effective May 20, 2009 and included some much needed protection for tenants caught in the crossfire of the foreclosure process.  Here is the...