President-elect Donald Trump has vowed to dismantle Dodd-Frank, but a full repeal needs 60 votes in the Senate. Republicans will only have 51 seats when the 115th Congress convenes in January. Instead, Trump might be forced to settle for weakening the law without tearing it up. Trump’s choice for Treasury secretary said Wednesday that he would focus …
This ought to get The Donald’s attention: employees of the Consumer Financial Protection Bureau (CFPB) who donated to a presidential candidate in 2016 gave 100% of their donations to Democrats Hillary Clinton and Bernie Sanders. Not a single penny went to Donald Trump. That and the amounts donated makes the CFPB the most partisan agency in the federal …
100% Of CFPB Bureaucrats Donated To Hillary & Bernie Read More »
“Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” — Ronald Reagan The government can never get enough of your money, and the argument is always that it’s for the common good. …
New Govt. $ Grab — Extra Tax On Vacant & “Under-occupied” Homes Read More »
Click on the image to hear an interview I did with NoteMBA.com. Among the topics: How Note Investing Is Changing How Not To Lose Money 12 Things You Can Do With A Note
We have heard far too many incorrect assumptions from servicers about how various rules will be applied to liens placed by Homeowners Associations (HOA) and Condo Owners Associations (COA) that we feel compelled to set the record straight. The most erroneous assumption is that these rules do not threaten servicers’ lien position, and therefore they …
Most Frequently Asked Questions About HOA Super Liens Read More »
* Donald John Trump was born June 14, 1946. * He will be 70 years old on election day. * From the Internet, he is 6’2″ or 6’3′ and weighs between 195 and 200 lbs. * He has a full head of blond/brown hair (which is long and elaborately combed) and blue eyes. * The …
Delinquency rates climb on debt, pointing to downturn in $11 trillion market. Defaults are rising in a key corner of the commercial real-estate debt market just as borrowing costs are set to jump, raising the likelihood of a slowdown of the $11 trillion U.S. commercial property sector in 2017. A financial crisis-era regulation is about …
WASHINGTON, Nov. 11, 2016 — Donald Trump has taken the first step to fulfill his campaign promise to “dismantle” Dodd-Frank and the Consumer Financial Protection Bureau. He is considering one of the leading critics of Dodd-Frank on Capitol Hill, Rep. Jeb Hensarling, as Treasury Secretary. Mr. Hensarling last year laid out a blueprint for replacing Dodd-Frank …
Donald Trump has said he will cut regulation. One area that could experience big changes: consumer lending. Here are some areas to watch, especially as a Republican Congress and Mr. Trump will likely look to clip the wings of the Consumer Financial Protection Bureau. Mortgage Discrimination Cases. Over the last few years, the CFPB and …
The Consumer Financial Protection Bureau is likely to be reigned in if not rendered impotent or even abolished under President Trump. He has said he would come “close to dismantling” it along with Dodd-Frank. That is good news for small business, consumers, the economy in general — and note investors. The CFPB is the brainchild …
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