What Is A Jumbo Mortgage?
Here in Denver, the question has been more and more relevant. With rising home prices, many people are faced with needing a jumbo mortgage to buy their dream home. But it is not really clear, so let’s see what we can do to explain what is a jumbo mortgage. It all starts with understanding loans […]
CFPB Press Release Regarding Kickbacks
Late yesterday afternoon the Consumer Financial Protection Bureau (CFPB) released a press release regarding Prospect Mortgage to pay $3.5 Million fine for illegal kickback Scheme. The Real Estate Brokers and Mortgage Servicer that took kickbacks from Prospect are also ordered to pay $495,000. What is a kickback? It is a form of negotiated bribery in which […]
What To Do This Weekend
What to do this weekend Either you already know what to do this weekend or your still planning it out. I would guess at least 90% of us already have our calendar chalked full for the month of December with events and activities. Or if you’re like me in the remaining 10%, you haven’t committed […]