Updated over 12 years ago on . Most recent reply
Hard Money Loans: Joffrey Long
Just returned from 2 great days at California Mortgage Association's hard money lenders and investors seminar in San Fran.
We cover a huge amount of ground, but I'm still amazed at the confustion at what loans are covered by what law.
Respa, NMLS, TILA, Mortgage Loan Disclosure, Good Faith Estimate under RESPA, and many questions about disclosure and loan structuring in general.
If you're a lender or mortgage broker or servicer, IN CALIFORNIA, then the California Mortgage Association could be helpful.
If you already know everything, forget this, and.....Congratulations !!!!!
This post relates only to mortgage lending in CALIFORNIA.
Joffrey Long\
P.S. Disclosure: I'm the (volunteer) Ed Chair for the Calif. Mtg. Association. That's CALIFORNIA.