The Summer Edition is Just Out And It is Informative Some topics that should interest an MLO are sections on: Trust Fund Audits and what is required of you when they come calling Fictitious Names Team Names Becoming a Broker With Equivalent Experience New Criteria for License Rehabilitation and much more. Full article found here: […]
Author Archive | Duane Gomer
What Does Ben Carson Have To Say About Reverse Mortgages
In this article in Forbes, Ben Carson praises Reverse Mortgages. Thank you Terry Yapp for introducing me to his comments in Alex Spanko’s article below. HUD Secretary Carson Praises Reverse Mortgage Program in Speech Secretary Ben Carson affirmed his commitment to the reverse mortgage program in a Monday speech to a major advocacy group for […]
Reverse Mortgages – The Rodney Dangerfield Loan
This Loan Can Just Not Get Any Respect This link came to me from David Gomer, Owner and Founder of Senior Funding. Thank you, son. It is from CFPB. Enough Said. The title is, “Consumer Financial Protection Bureau Warns That Taking Out A Reverse Mortgage Loan Can Be An Expensive Way To Maximize Social Security […]
Article on the Reverse Mortgage Changes
This information was sent to me by Howard Kirschner, one of our instructors and local RM pundit. Thank you, Howard. In our recent article dated July 26, 2017, we indicated that a new administration in Washington marks a time of uncertainty and uneasiness as people try to guess what the new policies will be. The announcements made […]
Affordability In California Housing
Those Words Do Not Seem To Belong In The Same Sentence It is a true oxymoron. But are there any ways to speed us to more affordable housing? Jon Lanser Published Some Of His Thoughts On The Subject, Tongue-In-Cheek I Believe Some of them are speeding up the market so that the 300,000 vacant rentals […]
What’s Happening at the California Bureau of Real Estate
What’s Happening At The California Bureau Of Real Estate The almost secret RE form that is so valuable to anyone who wants to discover what is happening in licensing, exams, passing rates, renewal rates, investigations audits, accusations, hearings, subdivisions, etc. is RE 149. And it is free. Students And Company Personnel Ask Me How They […]
The CFPB and Cordray
The CFPB and Cordray Many people do not realize the important topics being tossed around in Washington that will affect their future. There will be some interesting changes coming involving finances, taxation, health care, immigration, gender, etc. etc. etc. There are enough pundits on every subject, but let me add my $.02 to the headline […]
Reverse Mortgages Are Changing Again
HUD In Their Infinite Wisdom Has Changed The Reverse Mortgage Procedures And Regulations Again The easiest way to describe this is to post a letter that I wrote to DGE’s outstanding speakers about the changes. This is what I thought MLO CE instructors should cover with their students. Enjoy. SOURCE: HUD MORTGAGEE LETTER 2017-12, Aug […]
Duane Gomer Education Has A Lot Of Courses For Your Needs (More Info Or To Register: DuaneGomer.com)
Duane Gomer Education Has A Lot Of Courses For Your Needs (More Info Or To Register: DuaneGomer.com) Want to get a real estate salespersons license? We provide three qualifying courses and the best LIVE Test Prep Course anywhere.6 You have served your two years and want to get a Brokers License? We have your eight qualifying […]
Jeff Lazerson: Mortgage Loan Originator and Columnist Extraordinaire
Did I Mention That I Gave A Little Talk To The California Association of Mortgage Professionals? Of course I have, but there were so many other speakers who really know the mortgage industry. Also, There Was Jeff Lazerson, Student And Friend Of Duane Gomer, Inc. He authors an excellent column every week in the National […]