• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

How the Budget Sequester Directly Impacts the FHA

As the political showdown over the United States budget deficit continues with the early days of the sequestration, government agencies are beginning to asses the impact of the sudden spending cuts. The Department of Housing and Urban Development (HUD) is one of such entities, and the overall impact from the sequester could negatively affect the Federal Housing Administration (FHA) and contract the housing market recovery by about two percent. According to

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CPFB Announces Implementation Plan to Help Lenders Comply

The Consumer Financial Protection Bureau (CFPB) today announced five steps it will take to assist the mortgage industry to comply with new consumer protection rules going into effect in January 2014. “Our plan is to work with the mortgage industry to ensure that the CFPB‘s new rules are implemented accurately and expeditiously,” said CFPB Director Richard Cordray. “Both consumers and industry will win when the new rules are understood, applied, and

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Loan Officer Compensation Rules Finalized

The fourth and last of the final regulations coming from the Consumer Financial Protection Bureau under the Dodd-Frank Wall Street Reform and Financial Protection Act was released Friday afternoon.  This rule addresses the causes of what CFPB Director Richard Cordray said was one of the reasons for the collapse of the mortgage industry, the steering of consumers to high-priced loans. It was common for at least a portion of the compensation

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Building a Better Wholesale Mortgage Banking Channel

They are all gone. One by one, the major banks in the U.S. have announced their exit from wholesale mortgage banking. It began with Chase in February of 2009, continued with Bank of America/Countrywide in 2010, and finished up this year with Citi in February and Wells Fargo in July. What does it all really mean? Is wholesale mortgage lending doomed for failure if the biggest banks in the land

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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