A bit about contruction and mortgages…
By Keith Garner On December 18, 2006, the U.S. Army Corps of Engineers, San Francisco District, announced the publication of the Arid West Interim Regional Supplement ("Interim Supplement") to the 1987 Wetland Delineation Manual ("1987 Manual"). A similar public notice was released…
By Keith Garner On December 18, 2006, the U.S. Army Corps of Engineers, San Francisco District, announced the publication of the Arid West Interim Regional Supplement ("Interim Supplement") to the 1987 Wetland Delineation Manual ("1987 Manual"). A similar public notice was released…
City of Goleta v. Superior Court of Santa Barbara County (December 21, 2006, S129125) __Cal.App.4th__ http://www.courtinfo.ca.gov/opinionsBy Maria PracherThe California Supreme Court has held that the newly incorporated City of Goleta could disapprove a final subdivision map even though the vesting…
We are off on our official-unofficial holiday hiatus. From all of us here at Behind the Mortgage headquarters, thanks for stopping by, and we hope you’ve had a great 2006. You can look forward to seeing more of us in 2007….
By Bob Uram and Keith Garner Judge Lloyd Connelly of the Sacramento Superior Court ordered the California Fish and Game Commission to accept the petition to list the California tiger salamander under the California Endangered Species Act. Center for Biological Diversity…
Calvert v. County of Yuba (December 5, 2006, C047857)__Cal.App.4th__http://www.courtinfo.ca.gov/opinionsBy Lori WiderThe Court of Appeal, Third Appellate District, held that a vested rights determination under the Surface Mining and Reclamation Act ("SMARA") regarding surface mining operations in the diminishing asset context…
Graphic Courtesy MSNBCLast WeekA bit of a bouncy ride for mortgage rates, though the week ended virtually unchanged. The consumer price index snapped neatly into line with market hopes for tame or non-existent inflation, while retail sales surprised many to the upside. Goldilocks (not too hot, not too cool) is what we’ve got. At least last week.This WeekA very full week of economic data for the market to digest. Fed fave inflation measure PCE (personal consumption expenditure) and the Producer Price Index should garner most of the attention this week, though any suprises in the Philadelphia Fed Index (measures manufacturing…
A rare bit of good news from the beltway: Early last Saturday morning, congress passed a tax extender package that included the deductibility of mortgage insurance on new mortgages originated in 2007. Though this is great news, and a long anticipated change, there are some restrictions, so not every homeowner will benefit. The rules, as we understand them, follow: Permits federal personal income tax deduction for mortgage insurance premiums Applies to new originations only in 2007 (like many other provisions in the bill, it must be reauthorized for 2008) Only taxpayers earning less than $110,000 per year are eligible for…
So, we just wanted to poke our heads out with this short PSA: Do not let sketchball mortgage brokers bully you into paying fees for a bunch of stuff they made up. Just what are we talking about? The other day, we got an email from a tipster relating a tale (with supporting documents, see image after the jump, click for big) in which a lender tried to collect just north of $3,300 in fees for a bunch of made up, misspelled, bogus fees when all the client did was apply for a loan (they ultimately are closing with another…