The shortage of water across many states is quickly becoming the next big issue in real estate. California is currently experiencing its third year of drought and this year is the driest in the state’s history. Farmers are having challenges getting enough water to survive and some are now selling off any extra water they […]
Posts Tagged ‘regulations’
QRM Mortgage Rule: What You Need to Know
Posted by Denise Lones on October 30th, 2014
In 2010 the federal government enacted the banking reform bill developed to address the financial crisis and the number of homeowners who lost their homes due to too liberal lending practices. While additional regulations were needed, the result was that many of the resulting lending requirements were too strict and due to “risk retention” requirements […]