Upcoming Events; Condo, Jumbo, and Lock Policy News

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Posted To: Pipeline Press

Yesterday’s commentary noted that HUD Secretary Ben Carson “turned some heads by suggesting lower potential penalties for lenders, especially those financing low-income borrowers.” The news prompted R.C. Whalen with Whalen Global Advisors LLC to respond, “The folks at GNMA had to remind Dr. Carson that he does not control the DOJ. Afraid relief from False Claims will require a lot more time and effort.” Good point… Here’s another story about control: Starting today, texting while walking across a street in Honolulu is illegal due to a new law that allows police to fine pedestrians for checking their phone while crossing an intersection in the Hawaiian city and surrounding county. Is chewing gum next up? Lock policy changes Effective September 12, for all existing active and new…(read more)

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