Here's a great one to get your midday going ! From the 1930's The Mills Blue Rhythm Band "Dancing Dogs" Try & stop your leg from moving involuntarily While you listen to this one at the open house ! Betcha can't do it ! :-) Enjoy ! -David-
Here's one from Glen Gray & The Casa Loma Boys "Come & Get It" It'll knock you out of your chair ! And add some spice to the listing description your working on. Great music to start the day with. Leave a request. Enjoy ! -David-
Another show stopper from the great Al Jolson & "Swanee" To go with your bagel and coffee this fine morning ! If there's something you want to hear leave a request with your comment. I'll find it. Have a wonderful day, and a terrific open house, too ! -David-
Oxon Hill Woman Pleads Guilty in Two Separate Mortgage Fraud Schemes That Resulted in Losses of More Than $2.5 Million Victims Include at Least 25 Lenders, Buyers, Seller, Title Insurance Companies, and Lien Holders U.S. Attorney’s Office July 12, 2013 District of Maryland (410) 209-4800 BALTIMORE—Rhonda Scott, age 52, of Oxon Hill, Maryland, pleaded guilty today before U.S. District Judge James K. Bredar to conspiring to commit wire fraud in connection with two separate mortgage fraud schemes that resulted in losses of over $2,500,000. The guilty plea was announced by United States Attorney for the District of Maryland Rod J. Rosenstein; Special Agent in Charge David Beach of the United States Secret Service-Washington Field Office; Inspector General Jon T. Rymer of the Federal Depo...
There was no one like Ella.Here she is with the great Chick Webb OrchestraFor your midday,"T'aint What Cha Do"Betcha can't keep that foot still on this one :-)Have a great day ahead and enjoy !-David-
Kay Starr lived much of her life in the town that I call my home. I loved listening to her on the radio, & I saw Kay sing when I was a child. Kay's 90 now, beautiful and still singing. Here she is for you to remember with, "The Things I Never Had" Have a great week ahead ! -David-
#2260 One thing that the Home Mortgage Disclosure Act does not do is require that lenders provide information that could provide evidence of redlining. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False One fundamental purpose of the Home Mortgage Disclosure Act is to require that lenders provide and disclose information that may provide evidence of redlining. The intention is to observe closely any signs of prohibited lending practice.
#2259 Under the Real Estate Settlement Procedures Act (RESPA) a lender may pay a kickback to a builder for sending a buyer in. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False A lender may not pay a kickback under RESPA. Visit HUD.gov for more information about the Real Estate Settlement Procedures Act.
#2258 Under the Real Estate Settlement Procedures Act (RESPA) a lender is allowed to pay a referral fee. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False Under RESPA lenders are prohibitied from paying referral fees. Look at the revised RESPA pages at HUD.gov.
#2257 Under the Real Estate Settlement Procedures Act or RESPA, a lender is required to give an applicant for a loan a good faith estimate (GFE) of the closing costs associated with the loan within seven days of the application. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False Under RESPA, the lender must provide the GFE or good faith estimate of closing costs associated with the loan within three days of receiving the loan application.
#2256 When charges are calculated, the charges in a real estate transaction that are payable by or to a party to the closing will be found in the Truth In Lending Statement (TILA). Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False The charges that are payable by or to a party in a real estate transaction will show up in USS or the Uniform Settlement Statement. The Uniform Settlement Statement is the document which will show all of the closing costs payable by or to each party involved in the real estate transaction.
#2255 Federal legislation that will prevent discrimination against an applicant because of their race is RESPA. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False The ECOA or the Equal Credit Opportunity Act is legislated to protect loan applicants regardless of their national origin, religion, color, race, whether or not their income is received from a public assistance program, their marital status or age.
#2254 In a lease-option type situations the rent charged to the tenant is rarely higher than the fair market rent for the property. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False The rent is usually higher than the market rate in a lease-option contract because the tenant has the option to purchase the property. Check with your attorney or research the fair market rental rates.
#2253 It is never advisable for a buyer to consider raising cash for a balloon payment by refinancing his or her loan. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False Refinacing may be an option for a buyer when the balloon payment becomes due. It might give the buyer the resources needed to avoid having to pay the full amount due when the balloon payment is due. Check with your lender.
#2252 A seller will most likely consider using a seller second to supplement a new loan for a buyer when interest rates are high. Is this fact true or false ? Please remember to take your time. The solution is posted below the wildlife photo. A. True When interest rates are high the number of buyers that will qualify for a loan are fewer. A seller might offer secondary financing as a motivating factor to help the buyer. Check with your lender for more informetion.
#2251 A land contract may be used to finance the buyer's purchase of a home. This is the first mortgage. Is this fact true or false ? Please remember to take your time. The solution is posted below the wildlife photo. A. True The land contract may not be used for a seller second mortgage, however. Check with your lender for more details.
Vera Lynn is one of the most popular singers of all time. She took us through two wars and gave hope to millions in the free world. Here she is with one of the most beautiful songs of all time. "The White Cliffs of Dover". Have a fine week ahead. -David-
Real Estate Broker / Realtor Guilty of Fraud A Mt. Juliet real estate broker pleaded guilty in U.S. District Court to wire fraud based on a charge that she schemed to defraud clients of money put down as payment for commercial real estate.Debbie Foust, 60, former Realtor and owner of Century 21 Music City, admitted she obtained a $200,000 deposit via interstate wires from clients to purchase a parcel of commercial real estate in Madison, said David Rivera, interim U.S. Attorney for the Middle District of Tennessee.Foust did not keep these funds in trust for use as a down payment on the commercial parcel. Instead, she wrote checks totaling $170,000 to other accounts that she controlled for her own use.She wrote a check to the sellers of the commercial parcel that was returned for insuffi...
