Regulators are gearing up to take a closer look at the “byzantine” regulatory structure overseeing the real estate appraisal profession. During a hearing on appraisal bias on Tuesday morning, Consumer Financial Protection Bureau Director Rohit Chopra turned the spotlight on the profession’s rulemaking entity: the Appraisal Foundation Chopra noted that the small nonprofit writes the … [Read more…]
If you put your money to work by investing, you can profit daily from passive investments. Passive income-generating investments that donât require your active involvement include exchange-traded funds, individual stocks and bonds and real estate investment trusts. You can accumulate â¦ Continue reading â
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Do you know what âsplootingâ is? Hereâs a hint: 4-legged animals do it. (Hey, I donât make these things up.) Quite the word. Words are very interesting, and can incite a riot, help someone get through a loss, make up this Commentary, entertain. Every morning I share my Wordle results with a few friends, comparing who was able to find the 5-letter word of the day in the fewest tries. For the most part Wordle is quick, fun, and mildly entertaining, which is the exact opposite of financing a home as any borrower or loan originator will tell you. Originate? âOriginâ: source, inception, root means the point at which something begins its course or existence. Origin applies to the things or persons from which something is ultimately derived and often to the causes operating before the thing itself comes into being. âateâ is a suffix meaning âstate of quality ofâ and when added makes an adjective a verb. Originate, tolerate, stimulate, nominate, dislocate, penetrate, intimidateâ¦ there are thousands of words with -ate on the end. And as many of us are in, or head to, San Diego for the MBAâs conference, origination volumes, margins, and revenues will certainly be discussed, as will attempting to lessen the friction that each loan goes through during processing and closing. It is important to remember that weâve helped millions of families by originating their loans and save billions of dollars, and will continue to do so. (This weekâs podcast is sponsored by Richey May, a recognized leader in providing specialized advisory, audit, tax, technology, and other services in the mortgage industry and in banking. Todayâs has Part One of an interview with Keller Williams Scott Agnew on navigating through uncertain times and what the industry has learned since 2008.)
What kind of investment accounts do you need? There are various investment accounts, depending on your lifecycle and financial goals. Choose investment accounts that advance your goals. Your goals may be to begin investing, saving for retirement and college, liquidity for emergencies, and tax optimization strategies. These accounts can help you build wealth. Families may … Read more
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