Tag Archives: real estate education

Oregon Real Estate Agency Requires Principal Broker Advanced Practices Course

Principal brokers with a license expiration date after July 1, 2019, renewing a for the first time must take the 27-hour Principal Broker Advanced Practices course. By Jeff Sorg, OnlineEd Blog (November 2, 2018) (PORTLAND, Ore.) OnlineEd – Principal brokers with a license expiration date after July 1, 2019, who will be renewing their active license for the […]

Presenting Multiple Offers – Part 3 of 3 (video)

Presenting Multiple Offers, Part 3 of  3 parts By Jeff Sorg, OnlineEd Blog (January 11, 2018) (PORTLAND-OR) Presenting multiple offers can get complicated and have unexpected results. Watch my three-part video, Presenting Multiple Offers. ### For more information about OnlineEd and their education for real estate brokers, principal brokers, property managers, and mortgage brokers visit www.OnlineEd.com. All information contained […]

Video New Year Message from OnlineEd

Happy New message from OnlineEd By Jeff Sorg, OnlineEd Blog (January 2, 2018) (PORTLAND, OR) – Here’s to yesterday’s achievements and tomorrow’s brighter future. Happy New Year from all of us at OnlineEd®! ### For more information about OnlineEd and their education for real estate brokers, principal brokers, property managers, and mortgage brokers visit www.OnlineEd.com. All information contained in […]

The Consumer Financial Protection Bureau by the Numbers

CFPB Actions Result in $11.7 Billion in Relief to 27 Million Consumers By Jeff Sorg, OnlineEd Blog (July 15, 2016) – July 21, 2016, will mark five years since the CFPB opened its doors. After the 2008 financial crisis, Congress created the CFPB as the only federal agency with the sole mission of protecting consumers in […]

When and How to Use an Escalation Clause

Find out about this tool used by real estate agents to eliminate competing bids by automatically raising an offered price By Jeff Sorg, OnlineEd Blog (March 17, 2016) – The escalation or escalator clause is a clause in a real estate sale agreement that, under certain circumstances, allows for an increase in the price offered to a […]

Home Prices Up By 6.8% Year over Year, Says Corelogic® Report

(Jeff Sorg, OnlineEd) – CoreLogic® has released its April 2015 CoreLogic Home Price Index (HPI®). The nationwide index shows that home prices, including distressed sales, increased by 6.8 percent in April 2015 compared with April 2014. This represents 38 months of consecutive year-over-year increases in home prices. Excluding distressed sales, home prices increased by 6.8 percent in April […]

CFPB Files Against Provident Funding Associates for Discriminatory Mortgage Pricing

(Jeff Sorg, OnlineEd) WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) filed a joint complaint against Provident Funding Associates for charging higher broker fees on mortgage loans to African-American and Hispanic borrowers. The agencies also filed a proposed order that, if entered by the court, would require Provident […]

HUD Awards $38 Million To Fight Housing Discrimination

Funded through HUD’s Fair Housing Initiatives Program (FHIP), the US Department of Housing and Urban Development (HUD) has awarded $38.3 million to over 100 fair housing organizations and other non-profit agencies to address housing discrimination.

Court Upholds $5 Million Judgment for Violating Mortgage Assistance Relief Services (MARS) Rule

(Jeff Sorg, OnlineEd) –  The US Circuit Court of Appeals, Sixth Circuit, has issued a decision upholding a district court ruling that several defendants in the US and Canada deceived consumers through a telemarketing scheme designed to sell phony mortgage assistance and debt relief programs. The district court’s order bars the defendants from working in the debt relief […]

Goldman Sachs Settles With FHFA For $3.15 Billion

(Jeff Sorg, OnlineEd) –  The Goldman Sachs Group, Inc. announced that Goldman, Sachs & Co. (Goldman) has reached agreements with the Federal Housing Finance Agency (FHFA) (as conservator for Fannie Mae and Freddie Mac) to resolve all federal and state securities law claims brought by FHFA with respect to residential mortgage-backed securities (RMBS) purchased by Fannie Mae and […]