Blog Profile / Mortgage Lender Implode-O-Meter

Filed Under:Business & Finance / Mortgage & Banking
Posts on Regator:21559
Posts / Week:43.1
Archived Since:April 25, 2008

Blog Post Archive

The Black Friday frenzy officially begins today. But many say the thrill is gone.

Shoppers, it seems, are over the frenzied, harried, wait-all-night-in-the-cold madness of Black Friday. Consumers are increasingly shunning the shopping holiday, opting instead to spread out purchases over a course of weeks or months. Show More Summary

Trump's name is coming off his SoHo hotel as politics weigh on president's brand

The decision, announced by the company Wednesday afternoon, follows signs that business has flagged for months at Trump SoHo, beginning during his polarizing campaign last year. The hotel's sushi restaurant closed. Professional sports teams, once reliable customers, began to shun the property. Show More Summary

Gallup: Americans' Non-Concern With Economy Reaches Typical Pre-Crash/Recession Lows

``Americans' concerns about the U.S. economy are, by one measure, the lowest in 18 years. Fifteen percent of Americans mention an economic issue when asked to name the most important problem facing the country. The percentage mentioning the economy has been lower only once in Gallup's 25-year trend -- 13% in 1999 during the dot-com boom. Show More Summary

We teach our children to compromise, but have we forgotten how to do it as adults? | Mandelman Matters

Democracy not only requires compromise but also that only bi-partisan legislation becomes truly effective policy and law.  When either party uses power to dominate the other... when political power is used to impose their will on the rest of the population, it seems to cause more problems than it solves....Today, in Washington D.C. Show More Summary

Net neutrality: This is how it could impact the Internet

[The prior] rules, supported by then-President Obama and passed by the agency when it was chaired by Democrat Tom Wheeler, banned the blocking and throttling of consumer-sought legal content online....The new rules would require ISPs...Show More Summary

Oops - Trump Can't Stick His Chosen Crony In Charge of the CFPB

Practically every media outlet has carried this report about Mulvaney to CFPB. There's only one problem: it's not Trump's pick to make...Adam Levitin, Georgetown Law professor and former CFPB adviser, was the first to point this out....Show More Summary

Fed Signals December Hike Even as Debate on Prices Persists

"Many participants thought that another increase in the target range for the federal funds rate was likely to be warranted in the near term if incoming information left the medium-term outlook broadly unchanged," according to minutes from their Oct. Show More Summary

Flat-pack home costs $32K and can be built in six hours

It comes in a variety of sizes, ranging from a 290-square-foot tiny home for $32,800 to a 904-square-foot family home which will set you back $72,650. It also has the eco-friendly capacity to become completely off-grid with solar panels and LED lighting....It will cost you between $2,000 to $2,600 per unit to get it delivered to London.

China's $15 Trillion Problem: Investors Don't Believe in Losses

When China unveiled plans on Friday to end the implicit guarantees underpinning asset-management products worth trillions of dollars, it should have been a bombshell for the nation's savers. But for Yolanda Yuan and other individualShow More Summary

Justice Department sues to block AT&T-Time Warner deal

David McAtee II, AT&T's general counsel, said in a statement: "Today's DOJ lawsuit is a radical and inexplicable departure from decades of antitrust precedent. Vertical mergers like this one are routinely approved because they benefit consumers without removing any competitor from the market. Show More Summary

Robert Mugabe resigns as president of Zimbabwe

``The way is now clear for Emmerson Mnangagwa, the vice-president fired by Mugabe 13 days ago, to take power. He was appointed interim leader of the Zanu-PF at the meeting on Sunday.'' -- Let's see if they can stabilize their currency now...

Room rates at Trump's hotels have fallen by up to 63 per cent since he became president

At Trump Turnberry, his Ayrshire golf hotel, the average cost of a two-night stay has fallen by 57 per cent, from £498 to £215, while steep drops have also been found for stays at Trump Doral in Miami (down 53 per cent), Trump Washington DC (down 52 per cent), Trump Vancouver (down 48 per cent), and Trump New York (down 32 per cent). Show More Summary

Its Time To Say Sayonara To Federally Funded CRA Housing Agencies

Federally Funded CRA Housing Agencies No Longer Serve A Purpose Except To Help Banks Illegally Displace Homeowners

Is Flagstar Bank Playing Low-Income Borrowers For Chumps?

Michigan based Flagstar Bank has the Internet abuzz about their plan to bring back zero-down mortgages.  There are plenty of details about this program that Zero Hedge and Housing Wire left out of their articles.

Trump's Saudi Scheme Unravels

Why did Trump gamble so heavily on the inexperienced Kushner and the impulsive MbS? Well, of course, if such a "grand plan" had indeed worked out, it would have been a major foreign policy coup -- and one done over the heads of the professional...Show More Summary

NYCHA Hasn't Performed Lead Paint Inspections In Over A Year

NYCHA Put Thousands Of Children At Risk For Lead Poisoning Because It Failed To Perform Lead Paint Inspections 

The Questionable Math Behind Manafort's Extravagant Home Renovations

There were the Oriental rugs worth $934,000, the four Range Rovers, the antiques--even $1.37 million in clothes. The federal indictment of Paul Manafort, President Donald Trump's former campaign chairman, accuses him of laundering millions...Show More Summary

Fed Hints During Next Recession It Will Roll Out Income Targeting, NIRP

On Thursday afternoon, in a stark warning of what's to come, San Francisco Fed President John Williams confirmed our suspicions when he said that to fight the next recession, global central bankers will be forced to come up with a whole...Show More Summary

Wells Fargo Consumer Lending Chief Fired For Being A Big Mouth

Franklin Codel's communications with the former employee involved disparaging remarks. He also discussed the payouts to former employees made by Wells Fargo when they left the bank.

House GOP tax plan: I'm a conservative and I see three major flaws

``... the overall design contains fundamental flaws, economically and politically. Basically, it's a huge tax cut for corporations and the owners of some small businesses, sneaking in under the cover of an overhyped cut for the middle class... Show More Summary

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