Consumer Finance Protection Bureau – New Mortgage Lending Standards

Today, the Consumer Financial Protection Bureau (CFPB) issued the final rules designed to strengthen consumer protections for “high cost” mortgages. Here’s the link.   The CFPB designates non-high cost mortgages as “qualified mortgages.” The CFPB has offered lenders two ways of assuring a loan is a qualified mortgage. A loan will be judged as […]

Consumer Finance Protection Bureau – Preview of New Home Lending Standards

As reported in the January 8, 2013 edition of The Wall Street Journal, the new federal Consumer Finance Protection Bureau is expected to issue new home-lending rules this week. The purpose of the new rules will be to prevent future real estate bubbles and outlaw the somewhat exotic loan products that some blame for the […]

HARP Update

  Update on Refinancing Underwater Mortgages under HARP. The initial “Home Affordable Refinance Program” (HARP) has been changed, since my last post on this subject. Changes have been made to allow more borrowers to refinance their mortgage, regardless of the loan-to-value ratio, for fixed rate loans, and with less paperwork.   General Eligibility Requirements: 1. […]

How to De Clutter.

  Sooner or later you and I and everyone else will need to decide how to intelligently de clutter and thereby downsize our possessions. This task is especially difficult, if you have inherited antiques or other items, which may have significant value. In some instances, older furniture, paintings, jewelry, silverware, china, collectibles and certain memorabilia […]

Review of Storage Facilities in Louisville, KY – Extra Space Storage Inc.

  Extra Space Storage: Extra Space Storage Inc (NYSE: EXR) is a real estate investment trust based in Salt Lake City, Utah. EXR is the second largest operator of self storage in the U.S., and is a national owner, developer, acquirer and operator of professionally managed self-storage properties. EXR wholly owns or has a partial […]

How To Save Money on Your HVAC Systems.

  When you own your own home, one significant potential expense is the repair or replacement of your furnace and/or air conditioning systems. Fortunately, these systems typically last at least 12 – 15 years; however, with some TLC they can last much longer.   The “Clean & Check:” The most cost effective way to extend […]

Benefits of Home Downsizing and Obtaining Your New Mortgage.

  This is the first of a series of guest blog posts by Sameer Aziz. Sameer is a Home Mortgage Consultant with Wells Fargo Home Mortgage. Are you considering downsizing?  Right now could be the best time for you to make the move.  With the housing market turning recently, home sales are increasing month by month.  This […]

How to sell items on Craigslist.

  Since everyone downsizing their home will need to consider selling some of their possessions, here’s a quick summary of the steps involved in selling things on Craigslist. 1. Go to and click on the “post to classifieds” link in the upper left corner. 2. Then choose the “For Sale” category and the […]

Moving Company Reviews: J.D. Taylor Sons & Daughters Movers, Louisville, KY

  J.D. Taylor & Sons Capabilities: J.D. Taylor & Sons Movers (“JD Taylor”) is a full service moving and storage company licensed to handle both local and long distance (interstate) moves. They have been in business for more than 30 years. Their local, intrastate, moves are made under the J.D. Taylor Sons & Daughters Movers […]

Moving Company Reviews: A. Arnold World Class Relocation Louisville, KY

A. Arnold’s Capabilities: Louisville has been the headquarters of A. Arnold since 1905 and their residential movers are proud to be the oldest and largest moving company in the Louisville area. Arnold World Class Relocation (“AAWCR”) is the only local, nationwide and international mover located in Louisville, who is also a AMSA certified ProMover.  Learn more […]