Dodd-Frank Modification Bill to Benefit Small Lenders

The United States Senate today voted to advance S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, after several weeks of debate, amendments, and negotiation. On Wednesday afternoon, the Senate finally voted 67-31 to end debate on the bill, capping many days' worth of … [Read more...]

What Will Dodd-Frank Modification Bill Mean for Housing?

The United States Senate voted Wednesday afternoon to advance S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, after several weeks of debate, amendments, and negotiation. On Wednesday afternoon, the Senate finally voted 67-31 to end debate on the bill, capping many … [Read more...]

Health Care Insurance Fiasco

I have received several requests for me to comment on the upcoming Obamacare repeal or reform. Without mixing words and coming straight to the point, from an economic point of view the Republican "reform" will be just as undesirable as the original Obamacare. There is no doubt that Obamacare is … [Read more...]

ECONOMIC OBSERVATION-A Tax Cut Take Away?

The Trump tax cuts and decreased regulations have ignited the economy more than many expected. As I mentioned last month, bubbles were formed in the stock market, and it appears that in some areas, there are bubbles forming in real estate, so be careful. What I believe is an important issue that … [Read more...]

NEW FRONT IN MBS LITIGATION: PENSION FUNDS CLAIM OCWEN BREACHED ERISA DUTY

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                                                                                                                                                                                                                                                  I know that there’s an obsessive, ‘My name is Inigo … [Read more...]

Could Fannie and Freddie Be Eliminated Without Legislation?

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GSE reform has been a hot-button topic ever since Fannie Mae and Freddie Mac came under government conservatorship during the financial crisis, but it’s one of those talking points that often seems heavy on the talk and light on the corresponding action. This week an assembly of analysts and think … [Read more...]

Taylor Swift sued by real estate company over $1M commission

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  There’s bad blood between Taylor Swift and a Manhattan real estate broker, who claims the pop superstar refused to pay a $1.08 million commission for the purchase of her new Tribeca townhouse. An unnamed member of brokerage firm Douglas Elliman introduced​ the “Shake it Off” singer to … [Read more...]