May 22
Dodd-Frank Certification

As part of the federal government's Dodd-Frank Wall Street Reform and Consumer Protection Act, put into effect September 2010, this certification helps prevent criminal abuse of the government's Making Home Affordable (MHA) program.

The certification confirms that none of the borrowers listed on the home loan has been convicted within the past 10 years of any of the following in connection with a mortgage or real estate transaction:

  • felony larceny, theft, fraud or forgery
  • money laundering or
  • tax evasion


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Fast Facts (October 2011)
Wednesday, 19 October 2011 22:18

Calif. median home price: September 2011: $287,440 (Source: C.A.R.)
Calif. highest median home price by region/county September  2011: Marin: $786,590 (Source: C.A.R.)
Calif. lowest median home price by region/county September 2011: Siskiyou County: $113,330 (Source: C.A.R.)

Calif. Pending Home Sales Index: August 2011: 125.3, an increase of 12.6 percent compared with a prior year.

Calif. Traditional Housing Affordability Index: Second quarter 2011: 51 percent (Source: C.A.R.)

Mortgage rates: Week ending 10/13/2011 30-yr. fixed: 4.12 fees/points: 0.8% 15-yr. fixed: 3.37 fees/points: 0.8% 1-yr. adjustable: 2.90% Fees/points: 0.6% (Source: Freddie Mac)