CFPB Releases Report Detailing Complaints Against Big Three Credit Bureaus

Complaints One of the big responsibilities of the Consumer Financial Protection Bureau is to hear complaints from consumers. In the 21 months ending September 2021 they heard over 700,000 complaints against Equifax, Experian and TransUnion. This is 50% of all complaints received. Obviously consumers are not satisfied with the trio. In 2021 those companies reported […]

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The Secret Golden Globes

TV Shows and Movies For years the Hollywood Foreign Press Association had a wonderful movie party shown on major networks when they released their Golden Globe Movie and TV Winners. Then, their world tumbled down, down, down. They were accused of lack of diversity concerning multiple different ethnicities and the gender spectrum. Also, they had […]

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Duane Gomer Looks Back At 60 Years of Real Estate

In The Beginning In December of 1961 I received a Real Estate License from the California Department of Real Estate, Number 00257862. It is now December 2021 and I am still licensed and working. That is 60 years plus.  This journey started after I had received a BS from Indiana University, an MBA from UCLA, […]

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Jeff Lazerson

Mortgage Grader Jeff Lazerson is a friend, a student of Duane Gomer Education, a very active Mortgage Originator, and a columnist in our local Orange County Register plus 10 other newspapers in Southern California. He is an outstanding writer both from style and content. Periodically, I believe that his columns should be read by any […]

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House  with "For Rent" sign in front

Let’s Talk Security Deposits

Security Deposits Are Misunderstood  The maximum amount a Landlord can receive as a security deposit, however designated, cannot exceed two months’ rent for unfurnished units or three months’ rent for furnished units. If the money will be placed in your regular account instead of a trust fund this might be required to be mentioned. You […]

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Great News from DRE Commissioner Douglas R. McCauley

RE 149 – Licensee Statistics Just received some great news concerning DRE stats from October 2021. The famous RE149: Comparative Production Statistics is back. I love the monthly information it delivers. For example, the number of active licensees (broker and salespersons) are listed. The totals in all these categories are listed by current month (October […]

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