Mortgage Compliance

Mortgage Compliance And Changes In Mortgage Industry

This BLOG On Mortgage Compliance And Changes In Mortgage Industry Was UPDATED And PUBLISHED On March 25th, 2020 So, mortgage interest rates are increasing and have been the highest since 2008. Mortgage lending guidelines and mortgage compliance have tightened up to the point where prime borrowers are the norm. Mortgage default rates have dropped to…

Mechanics Lien

Mechanics Lien Placed On Homes By General Contractors

This BLOG On Mechanics Lien Placed On Homes By General Contractors Was UPDATED And PUBLISHED On March 12th, 2020 A mechanics lien on a property is when a contractor, sub-contractor, or supplier places a lien on a property. The lien is placed on the property they did work on or provided materials to and the…

Stocks Skyrockets On Stimulus News

Stocks Skyrockets On Stimulus News After Yesterday 2,100 Point Drop

This ARTICLE On Stocks Skyrockets On Stimulus News After Yesterday 2,100 Point Drop Was PUBLISHED On March 10th, 2020 Stocks Skyrockets On Stimulus News by President Trump to institute a payroll tax cut until the end of the year. The coronavirus outbreak has taken a toll on the financial markets Yesterday, the Dow Jones Industrial…

How Derogatory Credit Impacts Credit Scores For Mortgage

How Derogatory Credit Impacts Credit Scores For Mortgage

This ARTICLE On How Derogatory Credit Impacts Credit Scores For Mortgage Was PUBLISHED On March 6th, 2020 How Derogatory Credit Impacts Credit Scores For Mortgage: It is no secret Gustan Cho Associates are experts in mortgage lending when it comes to derogatory credit We receive inquiries every day regarding the waiting period to enter a…

Stocks Soar

Stocks Soar 1,100 Points After Super Tuesday And Stimulus Hopes

This ARTICLE On Stocks Soar 1,100 Points After Super Tuesday And Stimulus Hopes Was PUBLISHED On March 4th, 2020 Stocks soar on Wednesday after the results of Super Tuesday and hope of more stimulus measures by the Trump Administration. Stocks soar more than 1,100 points which are 4.5% on Wednesday President Trump and his administration…

Stocks Selloff

Stocks Selloff Drops Dow Over 10% Since All-Time High

This ARTICLE On Stocks Selloff Drops Dow Over 10% Since All-Time High Was PUBLISHED On February 27th, 2020 The U.S. economy has been booming since President Donald Trump has been elected as the 45th President of the United States. Never in history has the economy been so strong Record numbers were set month after month,…

Chicago Ranked Most Corrupt City

Chicago Ranked Most Corrupt City In The United States

This ARTICLE On Chicago Ranked Most Corrupt City In The United States Was PUBLISHED On February 19th, 2020 Chicago Ranked Most Corrupt City in the United States. Corruption in Chicago has been an epidemic for many decades The FBI and other law enforcement agencies have been working diligently for years in investigating and indicting corrupt…

Homeownership Levels In The U.S. Recorded To Be Highest Since 2013 (1)

Homeownership Levels In The U.S. Recorded To Be Highest Since 2013

This article is about Homeownership Levels In The U.S. Recorded To Be Highest Since 2013 The U.S. economy is on fire and booming. The Dow Jones Industrial Averages are hitting new record highs daily Unemployment rates have hit a 50-year low Interest rates are at an all-time low Wages for American workers are at a…

1031 Tax Free Exchange

Buying Property With 1031 Tax Free Exchange Explained

This article is about Buying Property With 1031 Tax-Free Exchange Real estate investors who purchased investment property and decide to sell it, they will need to pay capital gains tax on the sale. Generally, real estate investors need to pay capital gains tax on the profit made from the sale of the property after expenses…

1031 Tax Exchange

Deferring Capital Gains With 1031 Tax Exchange On Properties

This article is about 1031 Tax Exchange For Real Estate Transactions Real estate exchanges are alive and well! The real estate market has recovered and real estate investors are buying and selling investment properties. Real estate investors have been holding steady over the past few years watching the values of their investment properties diminish while…

FHA Versus Conforming Mortgage Rates (1)

FHA Versus Conforming Mortgage Rates On Purchases And Refinances

This article on  FHA Versus Conforming Mortgage Rates On Purchases And Refinances There two types of home loan programs: Government Loans Conventional Loans There are three types of government loans: FHA Home Loans VA Loans USDA Loans Conventional Loans are often called conforming loans. The reason being so is conventional loans need to conform to…

Chicago Corruption Ranks As The Top In The Nation

Chicago Corruption Ranks As The Top In The Nation

This ARTICLE On Chicago Corruption Ranks As The Top In The Nation Was PUBLISHED On November 17th, 2019 The Second City, Chicago, may be the nation’s second-largest city but it ranks as the number one city in the Nation when it comes to corruption. Illinois ranks as the top third city when it comes to…

Trump Impeachment Inquiry

Trump Impeachment Inquiry Probe Begins In Congress

This Article On Trump Impeachment Inquiry Probe Begins In Congress Was PUBLISHED On November 14th, 2019 Here we go again with another Trump Impeachment Inquiry probe led by Democratic Representative Adam Schiff. California Representative Adam Schiff has been ruthlessly trying to unseat a duly elected President, Donald Trump since Trump took office First was the…

Chicago Mayor Seeks Help

Chicago Mayor Seeks Help From Illinois Lawmakers With Budget Shortage

This ARTICLE On Chicago Mayor Seeks Help From Illinois Lawmakers With Budget Shortage Was PUBLISHED On November 12th, 2019 Chicago is in financial chaos. Chicago is the highest taxed city in the Nation. The state of Illinois has its share of financial issues However, the city of Chicago is bleeding financially Mayor Lori Lightfoot has…

Chicago Police Still Providing Former Mayors Security

Chicago Police Still Providing Former Mayors Security Detail

This ARTICLE On Chicago Police Still Providing Former Mayors Security Detail Was PUBLISHED On November 9th, 2019 The city of Chicago is in a financial mess. Chicago Mayor Lori Lightfoot and city council members do not seem to have any solutions to fix the city’s mounting budget deficit The only solution they can come up…

Californians Fleeing To Low-Taxed States Due To High Taxes

Californians Fleeing To Low-Taxed States Due To High Taxes And Cost Of Living

This ARTICLE On Californians Fleeing To Low-Taxed States Due To High Taxes Was PUBLISHED On November 7th, 2019 California is the most populous state in the U.S. Over 39 million people live in the state of California California has the highest home prices in the country Average homes in California are priced at $587,500 compared…

Trump Flees New York To Florida

Trump Flees New York To Florida Due To High-Taxes

This ARTICLE On Trump Flees New York To Florida Due To High-Taxes Was PUBLISHED On November 4th, 2019 We have written numerous articles about New Yorkers fleeing the state to other low-taxed states like Florida, Texas, Tennessee, Alabama, and countless others. The state of New York, especially in New York City, is in a financial…

Companies Leaving Chicago

Companies Leaving Chicago To Indiana Due To High Taxes

This ARTICLE On Companies Leaving Chicago To Indiana Due To High Taxes Was PUBLISHED On October 27th, 2019 Many real estate analysts and experts have predicted that if city, county, and state government kept on increasing taxes in Illinois, businesses and individual taxpayers will be fleeing Illinois. Governor J.B. Pritzker disagreed Pritzker has told Illinoisans…

Separate Chicago From Illinois

Separate Chicago From Illinois Movement Gains Momentum

This ARTICLE On Separate Chicago From Illinois Movement Gains Momentum Was PUBLISHED On October 22nd, 2019 A separate Chicago from Illinois movement has gained momentum as the city is deteriorating financially. Both the state of Illinois and the city of Chicago are in a financial crisis There are countless Illinoisans fleeing the state due to…

California Gas Prices

California Gas Prices Hit 5-Year High And Highest In Nation

This ARTICLE On California Gas Prices Hit 5-Year High And Highest In Nation Was PUBLISHED On October 8th, 2019 California Gas Prices Hit 5-Year High and are now the highest in the nation: California Gas Prices are double the national average prices of gasoline Average California Gas Prices posted on October 1st, 2019 has now…

Kankakee Illinois Pension Debt

Kankakee Illinois Pension Debt Shortage Deadline Missed By The City

This ARTICLE On Kankakee Illinois Pension Debt Shortage Missed By The City Was PUBLISHED On October 6th, 2019 Kankakee Illinois Pension Debt Shortage Missed putting recipients at risk from getting their pension payments. The City of Kankakee pension fund is far below on the mark that the state’s requirement on the amount of contributions to…