Fiduciary-duties | Rain City Guide

Posts Tagged fiduciary-duties

Loan Modification Salesmen in WA State Must Be Licensed LOs, Mortgage Brokers, or Work at Consumer Loan Companies

Jillayne Schlicke on 12 12, 2008 | 13 Comments

From the Washington State Department of Financial Institutions: DFI Advises Homeowners To Verify The Licenses Of Anyone Offering Loan Modification Services Before Hiring Them OLYMPIA – The Washi

Distressed Property Law

Jillayne Schlicke on 06 2, 2008 | 110 Comments

There has been a lot of confusion, anger and fear surrounding the new Distressed Property Law. I’m not going to jump on the bandwagon and do a critical analysis of the law, tearing apart each sect

Will Real Estate Agents Embrace a Loan Originator with Fiduciary Duties?

Rhonda Porter on 04 15, 2008 | 44 Comments

I'm beginning to wonder. I've always put the clients best interest first...it's just something I naturally have to do in order to be able to sleep at night. There has been a time or two when a real

Washington State Legislative Alert: SB 6381 and SB 6452

Jillayne Schlicke on 01 25, 2008 | 77 Comments

Two Senate bills have been introduced into the state legislature this session. The first bill, SB 6381 (link opens a 2 page PDF) will change the state’s Mortgage Broker Practices Act to require

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ARDELL: David, If an appr
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A “new” bottom call…King County Home Prices 2010 (8)
- ARDELL: Scott, There’s a big difference between “letting it heal on it’s own” and letting it...
- Scott Seppi: I base the comment “overall prices continue to decline” based on data from Housing Tracker....
- ARDELL: Scott, I think people expect “bottom” to equal “up”, as in V shaped...
Paying a fair price for the home you buy. (11)
- ARDELL: David, If an appraisal were “only market data” the market could not have increased at the pace...
- David Losh: Every property has an inherent value. An appraisal is only market data, and we now all know that market...
- ARDELL: Pearlmarie, As they say, “timing is everything”. Banks will almost always take the offer vs...
FTC Considers Total Ban on Upfront Loan Modification Fees (92)
- dave: Have you tried contacting the lender to get a modifcation? It sounds easy but give it a shot. If not have you...