push a red button   and examine a few recent real estate fraud cases all the buttons work almost two thousand real estate fraud cases   for you to review   I'm sure you'll find the right adjectives to describe the actions of a few unscrupulous Realtors® real estate brokers agents mortgage lenders appraisers lawyers title agents and many more players playing for illegal fast cash and valuable prizes and wonder why they did it. More to come ! 02/12/2014

#2570 This phrase, "If you have great credit your could get great loan terms", would red flag the requirement under the Truth In Lending Act or TILA. True or False ? Take your time. The solution is posted below the wildlife photo. A. False This is a general statement because loan terms are not included in the body of the statement. Disclosure of the finance charge and annual percentage rate would be required under TILA if loan terms were disclosed in the body of the statement. 02/09/2014

#2569 A federal law that prohibits lenders from making high cost predatory home equity loans is known as Equal Credit Opportunity Act or the ECOA. Is this fact true or false ? Please take your time. The solution is below the wildlife photo. A. False The federal law that prohibits lenders from making hgh-cost predatory home equity loans is known as the Home Ownership and Equity Protection Act, or HOEPA. 02/09/2014

#2568 Loan flipping is prohibited under the Real Estate Settlement Procedures Act. Is this fact true or false ? Please take your time the solution is posted below the wildlife photo. A. False The Real Estate Settlement Procedures Act or RESPA is not concerned with loan flipping Solicited tip flipping, maybe :-) RESPA would be concerned with an illegal kickback. HUD.Gov can tell you more about RESPA. 02/09/2014

#2567 When we talk about an impound waiver we're discussing a practice that involves charging points or processing fees that are out of the ordinary. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False This is known a s fee packing, once again. 02/09/2014

  #2566 Steering involves charging a borrower processing fees or points to close that are higher than usual because the lender is steering the borrower away from a conventional loan. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False Fee Packing is the practice of charging the borrower excess processing fees or higher than usual points. 02/09/2014

#2565 A loan secured by a fleet of tractors to purchase additional farm equipment would be covered under the Truth In Lending Act. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False The Truth In Lending Act excludes loans made for agricultural purposes. 02/09/2014

 #2564 Property flipping will involve the charging of processing fees that are not necessary for the services provided by the lender. Is this true or false ? Please take your time. The solution is posted below the wildlife photo. A. False Fee Packing is the charging of unnecessary fees for the processing of a loan. 02/09/2014

 #2563 Fee Packing is a predatory lending practice which imposes the practice of charging points and fees for processing a loan that are out of the ordinary and higher than normally charged. These are fees that have no reason to be included in the processing of the loan. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. True 02/09/2014

#2562 An unsecured loan for 50 thousand dollars would be covered by the Truth In Lending Act. Is this fact true or false ? Please take your time. The solution is below the wildlife photo. A. False The Truth In Lending Act excludes consumer loans not secured by real property that are in excess of 25 thousand dollars. Seller financing is also excluded, as are loans for business or agriculture. See what you can discover about the Truth In Lending Act (TILA). 02/09/2014

          #2561 Another purpose of the HOme Mortgage Disclosure Act is to insure that a person, whose income is derived from public assistance, is not discriminated against. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False The purpose of the Home Mortgage Disclosure Act is to require lenders to disclose information that may provide evidence of redlining. The Equal Credit Opportunity Act addresses the discrimination of a person whose income is derived from public assistance. 02/09/2014

Are you working with a Realtor?  When buyers inquire about a property and hear the listing agent ask  “Are you working with a Realtor?” their hair goes up on the back of their neck.  As they’re thinking what does it matter to you or even what business is it of yours?   Well it does matters.  It matters a lot because the future of my real estate license could be at risk. Why Agents Ask - The listing agent needs to know if an agency relationship exists.  If a buyer is represented the listing agent has an obligation under the code of ethics to honor the agency agreement. As such the listing agent might invite you to have your agent submit your questions.   On the other hand - If you’re not represented and it turns out the property you enquired about isn’t the right property for you after a... 02/08/2014

  Why Do Buyers Deserve Better? Because legitimate professional MLS listings are cleverly being displayed on “Giant Online Home Search Sites” (GOHSS).  These same sites are riddled with junk listings, fake listings, trash listings and even fraudulent listings. All of the unreliable information causes consumers to experience disappoint, confusion and loss of confidence and loss of valuable time. All while being exposed to unrealistic information and in some cases even scams.    Oddly the Public -Seems to be under the opinion that the “Giant Online Home Search Sites” (GOHSS) are a true and complete extension and/or reflection of official sources of professional listing information such as the MLS database of homes officially listed "For Sale".  Which we all know the MLS was created by the... 02/08/2014

    Magnificent ! Heartwarming ! Brilliant ! 02/06/2014

Honduras and Belize are two small countries in Central America.  If you want to be pampered and live the retiree lifestyle you really should consider one of these two countries as you plan for retirement.  Your money will go further and your relaxed lifestyle will be more enjoyable.   Check out these two developments if you are considering either Honduras or Belize in your plans. In Honduras consider Life Vision.  It is the largest developer in Trujillo, located on the Northern Coast of Honduras. We have over 400 private residential properties sold with permits and home construction underway. We offer exclusive estate size mountainside lots with panoramic views of the Caribbean Sea as well have beachside lots steps away from the beach. Trujillo has been designated by the government of H... 02/05/2014

"Anything Less Than Prime Is Slime!" David Saks On Subprime (now "nonprime") Lending  SUBSLIME Loans Are Coming Back ! According to a recent Bloomberg/BusinessWeek article, more executives are working to revive the subprime lending market, though the loans now are called "nonprime" and require as much as 30 percent down. Lenders believe this niche holds opportunity for growth (???) as stricter federal standards keep millions of Americans with bad credit out of the mortgage market. Nonprime loans go to the riskiest borrowers -- including those with low credit scores, high debt loads, or an inconsistent income. To read more, go HERE. 02/05/2014

It's Rearing It's Ugly Head Again With a New Name !!! Subrpime Is Now "NONPRIME" Arrrrggggghhhhh!!!!   According to a recent Bloomberg/BusinessWeek article, more executives are working to revive the subprime lending market, though the loans now are called "nonprime" and require as much as 30 percent down. Lenders believe this niche holds opportunity for growth (???) as stricter federal standards keep millions of Americans with bad credit out of the mortgage market. Nonprime loans go to the riskiest borrowers -- including those with low credit scores, high debt loads, or an inconsistent income. To read more, go HERE.   02/05/2014

A great man died.     He came to Memphis in July of 1991 to dedicate the National Civil Rights Museum.   When this man raised his voice the sound of peace could be heard around the world.   Racial inequality, the horrors of war, the injustices upon mankind were stilled by the courageous sound of his voice and the trusted banjo he held in his hands for many decades.   On that historic day in July this man called me at home and asked me to have ice cream with him, his wife and their grandson before their departure back to their home in New York.   I pulled up in my old black Cadillac where this great man was waiting for me, and he thundered in his majestic voice, " I'm not riding in that car ! It's a capitalist tool ! "   I had to think quickly, and I replied, " I only use it to haul my b... 02/04/2014

#2560 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. 02/02/2014

     #2559 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. 02/02/2014