The FHFA directed Fannie Mae and Freddie Mac to delay the implementation date of their .05% Adverse Market Refinance Fee from Sept. 1 until Dec. 1, but C.A.R. says the damage has been done. “While delaying the implementation of this fee may be helpful to lenders, it does nothing to mitigate the damage and cost […]
Skipping Mortgage Payments?
As the ranks of the unemployed have swelled, homeowners have signed up for mortgage forbearance programs that let borrowers delay payments or make partial payments while they wait for their financial situation to improve. But there’s been mass confusion over how borrowers will pay back what they owe. And the fear of a looming lump-sum […]
Feb. 18 CVAR At a Glance
Featured Classes & Events Announcing REvive Celebrity Spotlight! Real Estate REvive Conference & Expo is Coming March 19 at Victoria Gardens Feb. 19 | Residential Listing & BRE Agreements Feb. 20 | Mortgage 101 – Rancho Cucamonga Feb. 21 | Ethics Training – All Locations – Free Feb. 24 | CRMLS Training – CVAR West (So. El […]
Dec. 2 CVAR At A Glance
Featured Classes & Events Dec. 4 | Installation & Holiday Breakfast – Glendora CC Dec. 5 | Citrus Valley Caravan Dec. 9 | License Renewal Crash Course – Glendora Dec. 10 | Social Security Secrets – All Locations Dec. 11 | zipForm® Basic – All Locations – Free Dec. 12 | Tech Forum – 12 Days of Techmas – […]
Sept. 9 – CVAR At A Glance
Featured Classes and Events Sept. 9 | CRMLS Training – CVAR East (Rancho Cucamonga) Sept. 11 | zipForm® Basics – All Locations Sept. 12 | Contract College – CVAR East Sept. 13 |REALTOR® Safety – All Locations Sept. 19 | Social Media the Millennial Way – CVAR East Sept. 19 | End of Summer Bash – Central […]
Dec. 18 CVAR At A Glance
Featured Classes and Events Dec. 18 | New zipForm® Plus Webinar Dec. 23-26 | The Santa Pause – All CVAR offices closed. Dec. 30-Jan. 2 | All offices closed for the New Year holiday! Jan. 4 | Citrus Valley Caravan Jan. 8 | CRMLS Training CVAR HQ Jan. 12 | Understanding Residential Purchase Agreement Click […]
Fannie, Freddie: No Holiday Evictions
Fannie Mae and Freddie Mac announced a nationwide suspension of evictions on foreclosed single-family homes during the holiday season, between today, Dec. 18, to Jan. 2. The moratorium applies to all foreclosed, occupied homes owned by Freddie Mac or Fannie Mae. Legal and administrative proceedings for evictions may continue, but families will be allowed to […]