Day: June 9, 2014
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Women Business Owners Take Capitol Hill
Advocating for change, more than 300 women business owners and their leaders descended on Washington, D.C. packing one of the largest Congressional hearing rooms on Capitol Hill to standing room only. Congressional hearings rarely draw this kind of attendance or celebrity, but both were on display for a July 23, 2014 hearing, “Empowering Women Entrepreneurs:…
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Successful Launch of the Women in Housing
The National Association of Women in Real Estate Businesses (NAWRB) in partnership with the U.S. Small Business Administration (SBA) Santa Ana District Office presented the Women in Housing Financial Fitness Road Show this month at the Lutron Experience Center in Irvine, CA. NAWRB’s Inaugural Women in Housing Financial Fitness Road Show is a first-of-its-kind, breakthrough…
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The “Ability to Repay Rule”
With more aggressive lending compliance standards and regulations in 2014, lenders have been scrambling to implement internal systems in order to comply. Every real estate professional should understand the central issue that will impact their clients who obtain loans at the closing table: the “Ability to Repay” Rule (ATR). The momentum behind ATR is to…
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Emerging Mortgage Trends of 2014
It’s no secret that trends within the mortgage and lending industries can fluctuate significantly from quarter to quarter. Countless factors such as the economy, new legislation, and changing demographics can impact these shifts. With the ever-changing financial landscape, we have pinpointed the most current and prevalent mortgage and lending trends of 2014. Mortgage Volume Drops…
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The 29th California Women’s Conference
The Color Guard by The Sunburst Youth Academy opened the 29th California Women’s Conference with an exciting show at the Long Beach Convention Center. Each year, the conference gathers talented performers, doctors, successful entrepreneurs, and many more to provide an unparalleled experience for attendees. From entertainment, to financial seminars and health talks, the conference had…
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The Dodd-Frank Primer
It is no doubt that the Dodd-Frank Wall Street Reform and Consumer Protection Act is the most comprehensive financial regulatory reform measure to be executed since The Great Depression. While the comprehensive bill consists of sixteen titles, with numerous provisions spelled out over thousands of pages, herein is an attempt to summarize key points, for…
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REOMAC 2014 Annual Education Summit and Expo
Change, connection, and collaboration were the themes of this year’s spring REOMAC® annual education conference, held at the JW Marriott Desert Springs in Palm Desert, Calif. REOMAC® is a non-profit trade association serving the mortgage default servicing industry nationwide for over twenty-five years. “REOMAC® has a long tradition of holding conferences in Palm Desert,” said…
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The Borrower Effect: Impacts & Implications of 2014 Loan Limits
The Great Depression left the United States with widespread unemployment and financial collapse. Two million construction workers were out of work. Home mortgages were typically short-term loans that were limited to 50% LTV. In 1934, the National Housing Act created the Federal Housing Administration (FHA) to improve housing conditions and provide a more accessible housing…
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Policy Prescriptions to Assist Women Entrepreneurs
Does the name Alice Paul ring a bell? Alice Paul led the effort to give women the right to vote. She raised money for the cause, led a group of White House protesters known as the Silent Sentinels, was imprisoned three times, force-fed raw eggs when she staged a hunger strike, and kept the pressure…
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Diversity in the Housing Market
Diversity in the housing market is a broad topic, and one with many avenues to venture down. There is a range of buyers and sellers and there always will be. Further, there are an equal number of products for those same buyers/sellers as well. Over the last few years it went from homeowners to…