Lou Tulga’s Real Estate School

Broker Short Sale 101

Broker Short Sale 101

Broker Short Sale 101 Broker Short Sale 101

Lou Tulga’s Real Estate School Online

Online Real Estate School

Lou Tulga’s Real Estate School Online Lou Tulga’s Real Estate School Online

Short Sale Resource Center

Short Sale Resource Center Short Sale Resource Center

Mortgage Disclosure Improvement Act (MDIA)

September 15, 2009

Mortgage Disclosure Improvement Act (MDIA) Summary

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2009 NM Real Estate Legislation

September 14, 2009

2009 NM Real Estate Legislation that is already signed into Law by the Governor

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Manufactured Housing Listing Guidelines for Real Estate Brokers

September 13, 2009

MHD Interpretation:
Manufactured Housing Listing Guidelines for Real Estate Brokers

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Home Valuation Code of Conduct

September 12, 2009

The “Code” is the result of a joint agreement made in March 2008 between Fannie Mae, Freddie Mac, the Federal Housing Finance Authority (FHFA) and the New York Attorney General’s office to adopt certain policies relating to appraisals for loans delivered to Fannie and Freddie. The Code, without geographical limitation, applies to single family (1-4 [...]

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American Recovery and Reinvestment Act

August 21, 2009

This new law provides a “First-Time Home Buyer Tax Credit” for purchases on or after January 1, 2009 and before December 1, 2009. Date of purchase is the closing date. The tax credit is equal to 10% or the home’s purchase price up to a maximum of $8,000 and generally does not have to [...]

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Mortgage Modification

July 11, 2009

A Mortgage Modification is a permanent change in one or more of the terms of a mortgagor’s loan, allows the loan to be reinstated, and results in a payment the mortgagor can afford.
Question 1: In utilizing the Loan Modification option to bring an asset current, can the mortgagee include all fees and corporate advances?
[...]

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Real Estate School SUMMER 2009 Class Schedule

June 1, 2009

Please indicate on the REGISTRATION FORM below the desired classes and method of payment.
If using a credit card you will receive an email requesting authorization of payment. All classes approved by the New Mexico Real Estate Commission
JULY 2009 Class Date & Time Details
QUALIFYING BROKER REFRESHER COURSE
Wednesday, July 22nd 1pm-5pm
(4) Certificate of Completion. Cost $75.00
CONTRACT STRATEGIES
Thursday [...]

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Homeowner Affordability and Stability Plan

May 10, 2009

Homeowner Affordability and Stability Plan
1. Treasury secretary, Timothy F. Geithner, said. “It is imperative that we continue to move with speed to help make housing more affordable and help arrest the damaging spiral in our housing markets, just as we work to stabilize our financial system, create jobs and help businesses thrive.”
2. The program began [...]

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Cram Down

April 22, 2009

Cram Down
HR 1106 Helping Families Save Their Homes Act

Cram Down Bill
March 6 (Bloomberg) — At least 1 million Americans would be able to use bankruptcy to reduce mortgage payments under legislation approved by the House yesterday, part of Democratic efforts to stem a crisis that has erased more than $2.4 trillion in home values.
The so-called [...]

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