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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Another Great Resource We have some great information on this blog (https://www.duanegomer.info). I would like to recommend one because of the content. It is outstanding. But be aware it is not a short one minute read. DRE Compliance It is impossible to cover DRE COMPLIANCE in a few sentences. The author is Summer Goralik – […]
One of My Favorite Sites The department’s stated purpose is to “Help Californians become informed consumers by learning their rights and protections”. It has information on almost all of the state licensed occupations in California. The Real Estate Licensees were under this department for a few years but now is independent again under the Department […]
About CFPB This agency has been controversial since the day it was established by the Dodd-Frank Act. The Democrats said that it would protect consumers and the Republicans said that it was excessive regulation. We will not discuss that topic today, but their website is a great source of information for Real Estate Professionals. cfpb.gov […]
Outstanding Source of Material – The State Department of Real Estate For Real Estate Professionals an outstanding source of material would be the State Department of Real Estate (dre.ca.gov). So many facets from Licensee Lookup to Forms to Publications to Bulletins to Statistics to Alerts to Information on a vast amount of topics. On the […]
Outstanding Source of Material – The Internal Revenue Service This URL should be in your special group; irs.gov. I use it all the time. In the recent past I have visited the site for information on Equity Sharing, Mandatory Distribution of IRA’s, Standard Deduction, 1031 Exchange, 2018 Changes, Tax Rates, Passive Losses, Residence Gain Exclusion, […]
New Regulations When new regulations are passed, it is important to know where to find information. Hud.gov is and has been a great source for many years. It is time that you might visit it. URLA Update In Residential Lending the go-to application for many years has been the Uniform Residential Loan Application (Form #1003 […]
