May 30, 2017
Tuesday’s Regulatory & Legislative Roundup
Representative Blaine Luetkemeyer of Missouri, gave the Financial Institution Customer Protection Act another try by reintroducing the bill into Congress. Luetkemeyer believes the bill will balance and protect the financial industry from “organized bureaucratic intimidation.” The proposed bill specifically limits … Continue reading
May 30, 2017 in Uncategorized | Permalink | No Comments
May 26, 2017
Friday’s Government Reports Roundup
The U.S. Department of Urban Housing and Development (HUD) released its “FY 2017 HOME Match Reduction List.” HOME Program. HUD provides matches to specific municipalities when there is a fiscal distress and Presidential disaster declarations. The Consumer Financial Protection Bureau … Continue reading
May 26, 2017 in Uncategorized | Permalink | No Comments
May 25, 2017
Thursday’s Advocacy & Think Tank Roundup
Despite the spike in the national mortgage interest rate and the low inventory of U.S. homes, 2017’s first quarter sold at its fastest pace in over ten years. As a result, home prices are increasing. There are fewer perspective homes; … Continue reading
May 25, 2017 in Uncategorized | Permalink | No Comments
May 24, 2017
Wednesday’s Academic Roundup
Taxing Zombies: Killing Zombie Mortgages with Differential Property Taxes, Weber Did QU Lead to Lax Bank Lending Standards? Evidence from the Federal Reserve’s LSAPs, Kurtzman, Luck, and Zimmermann Urbanization and Housing Investment, Dasgupta, Gracia, and Lall Mortgage Matrix and Bank … Continue reading
May 24, 2017 in Uncategorized | Permalink | No Comments
May 23, 2017
Tuesday’s Regulatory & Legislative Roundup
The U.S. Court of Appeals, District of Columbia is gearing up to hear the landmark case challenging the constitutionality of the Consumer Financial Protection Bureau (CFPB). In 2016, PHH received a 100 million dollar fine regarding their consumer and mortgage … Continue reading
May 23, 2017 in Uncategorized | Permalink | No Comments
May 22, 2017
Monday’s Adjudication Roundup
A Florida couple is unhappy. The Eleventh Circuit upheld a fine and probation sentence given to the couple by a lower district court. The initial ruling, stemmed from the couple’s failure to disclose an insurance company’s payout of a sink … Continue reading
May 22, 2017 in Uncategorized | Permalink | No Comments
May 8, 2017
What Is An Origination Fee?
Realtor.com quoted me in What Is an Origination Fee, and How Much Does It Cost? It opens, In the seemingly never-ending mortgage lexicon of home buying and selling, one term in particular stands out as a source of confusion: the origination fee. What is … Continue reading
May 8, 2017 in Uncategorized | Permalink | No Comments
