A Slow News Day. After a good week, it’s Friday, November 4, I’m closing up shop, looking forward to a relaxing weekend of doing absolutely
All animals are equal, but some animals are more equal than others.” ― George Orwell, Animal Farm Question: While this country slouches through its seven years of
“INTEGRITY AND HONESTY ARE AT THE HEART OF OUR BUSINESS. We expect our people to maintain high ethical standards in everything they do, both in their
As with much that the CFPB does these days, there is some that is good, some bad, and some, just plain ugly. And for a
In the July 23, 2015 Wall Street Journal, former Senator Phil Gramm, wrote about the “double whammy” effect of Dodd-Frank (here). First, it “…has hit
Background. It wasn’t that long ago, circa 2010, housing advocates were lobbying for tougher new laws to rein in the abuses of the easy money
“Bureaucracy destroys initiative. There is little that bureaucrats hate more than innovation, especially innovation that produces better results than the old routines. Improvements always make
“24% of all purchase loans have a debt-to-income ratio greater than the CFPB’s Qualified Mortgage rule limit of 43% [of debt to income], a new
According to Housingwire (“Ocwen offering indemnification to company directors and executive officers”): “By its own admission, Ocwen Financial (OCN) is facing 21 pending investigations in 15 different states, is currently
I do not agree with what you have to say, but I’ll defend to the death your right to say it. ~Voltaire Voltaire (born February 20,
