This past month (February 2013), the US Department of Housing and Urban Development (HUD) published their Disparate Impact Rule as an amendment to the Fair Housing Act. Under …
Big Banks Reporting Record Profits, Thanks to Dodd/Frank
“May you live in interesting times.” This ominous Chinese proverb can certainly describe the credit implosion and subsequent recession we’ve weathered. It could also describe the …
Continue Reading about Big Banks Reporting Record Profits, Thanks to Dodd/Frank →
Changes to Flood Insurance Requirements May Be Around the Corner
(Originally published 12/04/12.) It’s been a while since I checked my crystal ball. To be honest, its predictions have sometimes been fuzzy or even downright wrong. Nevertheless, when I …
Continue Reading about Changes to Flood Insurance Requirements May Be Around the Corner →
Public Service Announcement For Those Who Suffered Losses Due To Hurricane Sandy
(Originally published 11/20/12.) In the wake of the terrible devastation from Hurricane Sandy, there is help available to those directly affected. Governor Andrew Cuomo announced that …
Inept Mortgage Originators + Restrictive Lending Standards + Regulators Gone Wild = Problems for Home Buyers and Realtors. But We Have the Solution!
(Originally published 09/25/12.) Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), said there would be enormous benefits to the nation’s economy if mortgage …
“Big Banks” Denying Over One-Third of All New York Loans!
(Originally published 09/11/12.) According to The Wall Street Journal (Tighter Lending Crimps Housing, June 25, 2011), in 2010, the nation’s 10 largest lenders denied 26.8% of their loan …
Continue Reading about “Big Banks” Denying Over One-Third of All New York Loans! →
