Dodd Frank

So my head is swimming from the two classes I have attended in the last two days on how this is going to affect me as a REALTOR.   And it will, but not as much as it will the loan end of buying a house.

 

I understand it is to protect the consumers, and rightfully so, but the fact that the overseeing governing group has to write and enforce some 460 new laws seems like an unattainable feat.

 With this new act, there is a box of must haves, that they, the loan originator, has to fit you into.  It is a lot like it has been in times past, proof of employment, tax records, and the like, but with a few added details that may put some harder to fit in that box.

 They have said that there will be other programs coming back, for those who don’t fit in the box to qualify for the loans.  Of course, it’s at a higher rate.  They said that those who are self employed and affordable housing would be the ones who would probably not be able to fit. (great, that would be me)

 
It will work out, usually does; it’s just the hiccups in the beginning that are hard. This is just my option--- it, and several dollars may buy coffee somewhere.....

For an overview of why this is happening you can go to:

http://www.banking.senate.gov/public/_files/070110_Dodd_Frank_Wall_Street_Reform_comprehensive_summary_Final.pdf

Pinterest

 I   LOVE   PINTEREST  ! ! !

 

I have found so many wonderful ideas and DIY's on it!

There are dinners that we have tried that are quick and easy, ---projects that are fun and handy.

Like how to make your own laundry soap http://www.pinterest.com/pin/560135272375153694/ 

And gift ideas for every occasion.  Like the one I used to give my granddaughters money for Christmas.   My youngest is still talking about it, and it wasn’t even for her.  I took a jar alittle smaller than a pint canning jar, took an empty tp roll and sliped it in inside the jar, and carefully poured M&M’s around the outside, and put money in the tp roll.    They loved the M&M’s but then when they opened it up to eat them they seen the money.   I t was a double treat for me, and them

The pictures on there of places in the world are beautiful and the animals  range from beautiful to strange--- very strange.



I would invite you to visit my site – I don’t post  or “pin” as much as I look at, if I did, I would have thousands of them.   Mostly I just look, smile, and move on.
http://www.pinterest.com/jmcglivinlarge/