Give Your Feedback: Dodd-Frank Combined RESPA-TILA Disclosure

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This week, the Consumer Financial Protection Bureau (CFPB) released the first prototypes of a combined RESPA-TILA disclosure. Consumers and industry members are offered two different feedback paths for providing your input. Click this link to provide your comments–select the “switch to the industry tool” option at the bottom of the page: http://www.consumerfinance.gov/knowbeforeyouowe/ Thank you to our colleagues at Franzén & Salzano for the notification regarding this call-to-action.

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Set Reasonable Goals, Stick to the Budget and Keep the Napkin

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By Scott J. Corwin Eighteen years ago I passed the bar. Before I was even admitted, I made a decision that I wanted to work for myself. I had no clients, no money and a mountain of debt from law school. I decided to hang out my own shingle seven days after I was admitted. I would never have predicted that my practice would have grown into what it is today. Nor would I have predicted that I would have as fulfilling a professional life as I do today. The path to getting from there to here has been both challenging and rewarding. And the single most...

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Mortgage Brokers: Make More Money Now

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Are you feeling stuck competing for the same commercial loans everybody else is trying to find? Do the new State and Federal Laws affecting all mortgages (even non-owner-occupied business-purposed and commercial mortgages) have you hamstrung? Does the combination of stressors have you considering shutting down your business? Sign up now to attend our next workshop! The 3 Wisemen presents MAKE MORE MONEY NOW How to protect your business and earn more money in this tough economy Access new creative ways to do business AND key  information that will help you ensure you don’t run afoul of all the new laws. Get the answers, advice, approaches and procedures...

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Investors Move in on Real Estate Opportunities

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This article by N. Mitchell Feinstein, posted in Investor Uprising, discusses the upsides and downfalls to investing in the current real estate market. Click through to read the post–and then click around to view more. We recommend Investor Uprising as a good source of news on a variety of markets. The past has little to do with the future, and those who rely on historical data to predict market movements are often wrong. Take real estate, one of the fundamental drivers of the economy. When the real estate market collapsed, it put the whole economy in freefall. And even though real estate has historically been a catalyst...

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DRE Accredited Workshop to Protect Your Business: June 11

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The 3 Wisemen presents: 3 HOURS OF DRE CREDITS AND INFORMATION THAT WILL PROTECT YOUR BUSINESS AND HELP YOU IN THIS TOUGH ECONOMY. Did you know that new appraisal rules have been issued by the Federal Government that applies to ALL properties, even if the loans are for business purposes? How do you tell if a loan really is for business purposes? What rules apply to loans secured by a residence if the loan is for business purposes? What happens if you guess wrong? Has the Federal government made it impossible to do an owner occupied loan? Are there any ways to help a homeowner sell his...

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