The Mortgage Broker Profession is Rebounding
Mortgage brokers are back! Mortgage brokers originated 56% of home loans prior to the Great Recession, according to the Association of Independent Mortgage Experts (AIME), but that number dove once the housing market fell. But…
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Mortgage Brokers vs. Bankers
Mortgage brokers have come back and created competition for mortgage bankers over the last few years. While bankers still dominate the home loan industry, employment in the mortgage broker industry has nearly doubled since 2011….
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Become a Mortgage Broker in 5 Steps
So you want to become a mortgage broker. You want to work in real estate with both numbers and people while analyzing qualification requirements and the availability of loans. While mortgage brokers don’t actually lend…
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New York Administration Proceedings: What You Need to Know
In the case of someone in New York dying without a will, or intestate, many considerations are deliberated in connection with the appointment of an administrator for the deceased’s estate. Factors such as next of…
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New York Surrogate’s Court Bonds: What You Need to Know
Executors and Administrators in New York Surrogate’s Court are often required to post an estate surety bond in order to be appointed as a fiduciary. Whether a bond is required is usually within the judge’s…
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Conservatorship vs. Guardianship
Both conservators and guardians are appointed to assist with the financial needs of a minor, disabled, or elderly person. Both have court ordered authority to make decisions for someone who is a minor, elderly, incapacitated,…
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The Duties of a Court Appointed Guardian
The purpose of appointing a guardian to an incapacitated or disabled person is to allow the guardian to make decisions for the incapacitated or disabled person that they cannot make themselves. Both financial and non-financial…
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What Does a Trustee Do?
A trust is a legal entity that technically owns assets and includes instructions describing who you want managing your affairs and who you want to receive the trust’s assets. But what does it mean to…
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Types of Trusts
So you’re thinking about setting up a trust. Or you’ve been appointed to be a trustee for a trust. It would probably help to know what the differences are between the types of trust, and…
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