Winston Churchill said that, “If the present tries to sit in judgement on the past, it will lose the future.” No argument there in mortgage […]
I have been in Austin, Texas for a few days, coincidentally the home of Whole Foods. Plenty of folks here are debating its purchase by […]
What are we going to be talking about this summer? One topic is the economy, and the thought that rising short-term rates are a signal […]
In legal news, in Denver, the state’s high court has ruled that HOAs can’t necessarily sue in construction defects disputes. A couple thousand miles away, […]
Depository banks are in the business to lend, and are now concerned about commercial lending. What do Cleveland, Memphis, and Chicago have in common? They’re […]
How do you like these two headlines today, good news/bad news for lenders? “Fed set to shrink huge bond portfolio, pushing up interest rates.” And, […]
There is news out that Brian Brooks, general counsel for Fannie Mae, will be nominated as deputy secretary of the U.S. Treasury. Brooks worked at […]
I love it when people say we should model our home financing system after another country’s set up. Like Australia’s. To keep things in perspective, […]
The House of Representatives voted to roll back some of the main regulations contained in the 2010 Dodd-Frank law. It was an almost perfect party-line […]
No one has a crystal ball, but CNBC makes the point that, as a nation, home prices won’t fully recover until 2025, and that “price […]
