Navigating the Waves of the Housing Market: A Compass for Homebuyers
In the vast ocean of the housing market, waves of uncertainty often sway potential homebuyers, especially those from the millennial and Gen-Z generations, into a sea of apprehension. The echoes from the 2008 housing market crash still linger in the corridors of financial discussions, casting shadows of doubt over the prospect of diving into homeownership […]
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 […]