December 28, 2015
Monday’s Adjudication Roundup
HSBC settles class action by homeowners that claimed the bank received kickbacks for insurance policies on their properties. Goldman Sachs, Deutsche Bank and RBS have petitioned the US Supreme Court to consider repose statutes and statutes of limitations extenders that … Continue reading
December 28, 2015 in mortgage | Permalink | No Comments
December 21, 2015
Exotic Mortgage Increase
____________________________________________________________ DepositAccounts.com quoted me in 10 Things You Might See From Your Bank in 2016. It reads, in part, It’s that time of year when experts pull out the crystal ball and start talking about “what they see”. Banking pros are … Continue reading
December 21, 2015 in mortgage | Permalink | No Comments
Monday’s Adjudication Roundup
Class action suit filed against JPMorgan for alleged illegal demand of payment from junior mortgage holders who’s senior mortgages had been foreclosed. The class claims that JPMorgan’s demands violated several California laws. PHH Corp. urges the DC Circuit to vacate … Continue reading
December 21, 2015 in mortgage | Permalink | No Comments
December 18, 2015
Rates up in ARMs
TheStreet.com quoted me in Fed Hike Means Adjustable Rate Mortgages Will Rise and Increase Monthly Payments. It opens, The first interest rate hike by the Federal Reserve in nearly a decade means consumers can no longer take advantage of a zero … Continue reading
December 18, 2015 in mortgage | Permalink | No Comments
December 17, 2015
Homebuyer’s Guide to Rate Hike
U.S. News & World Report quoted me in A Consumer’s Guide to the Fed Interest Rate Hike. It opens, The era of cheap money isn’t exactly over, but on Wednesday, after seven years of having near zero interest rates, the Federal … Continue reading
December 17, 2015 in mortgage | Permalink | No Comments
December 9, 2015
Paid off Mortgage in Three Years
Realtor.com quoted me in Why the Guy Who Paid Off His Mortgage in 3 Years Isn’t as Smart as You Think. You’ll want to read about this guy: You’ve gotta hand it to Sean Cooper: In a mere three years, this … Continue reading
December 9, 2015 in mortgage | Permalink | No Comments
December 2, 2015
Wednesday’s Academic Roundup
Inflation and Activity – Two Explorations and Their Monetary Policy Implications, Olivier J. Blanchard, Eugenio Cerutti & Lawrence H. Summers, HKS Working Paper No. 070. Real Estate Value Impacts from Fracking: Industry Response and Proper Analytical Techniques, Richard Roddewig & … Continue reading
December 2, 2015 in mortgage | Permalink | No Comments
