It’s been around for a while, but few people know about it, thanks to the silence of the drive-by media. If Sen. Diane Feinstein (D-CA) wasn’t a super-liberal and instead was a conservative, the media would have been all over this story. In July 2011, the US Postal Service entered into an exclusive contract with …
Sen. Feinstein’s Husband’s $19 BILLION Real Estate Deal Read More »
According to House Financial Services Committee Chairman Jeb Hensarling, the biggest effect of the CHOICE act will be to strip a great deal of power from the Consumer Financial Protection Bureau. Here’s a primer on the CHOICE Act: https://financialservices.house.gov/choice/
Two U.S. senators working on a bipartisan overhaul of Fannie Mae and Freddie Mac are seriously considering a plan that would break up the mortgage-finance giants, according to people with knowledge of the matter. The proposal by Tennessee Republican Bob Corker and Virginia Democrat Mark Warner would attempt to foster competition in the secondary mortgage market, where …
June 23, 2017 – The Supreme Court constrained the rights of property owners Friday, establishing a test that favors government officials in assessing the loss of property value caused by government regulations. The case concerned a Wisconsin family called the Murrs, who argued that the government has unconstitutionally taken their land by refusing to allow …
The Consumer Financial Protection Bureau is seeking to hold National Asset Advisors and a related company in contempt shows that the agency is proceeding with an investigation into businesses associated with the sale of homes to lower-income borrowers with seller financing. The move also indicates that the bureau, which was established after the 2008 financial crisis, …
G. Edward Griffin explains how inflation results from the Federal Reserve’s money printing scheme and that inflation is a hidden tax. Here is an explanation of the two phases of inflation: 1. New money is created out of nothing by the Federal Reserve and is then loaned out to the federal government. The new money …
A major tax advantage for the commercial real estate industry may be one of the casualties in a sweeping federal tax reform expected this year, The Wall Street Journal reports. Some lawmakers are eyeing the 1031 exchange provision to get the tax-rate cut they seek. The provision allows sellers of real estate and other assets to …
The US Supreme Court has unanimously ruled that any entity that purchases a defaulted loan is not considered a debt collector and thereby is not subject to the rules and regulations set in place by the Fair Debt Collection Practices Act. In the case Henson et al. v. Santander Consumer USA Inc., the petitioners claimed …
Supreme Court: NPN Investors Not Subject To Debt Collection Laws Read More »
The Consumer Financial Protection Bureau this week retreated from an investigation into J.G. Wentworth, a year after suing the financial services firm in Philadelphia federal district court to force the company to disclose thousands of pages of documents. The CFPB had issued the CID to J.G. Wentworth in September 2015 to investigate alleged violations of …
CFPB Backs Off From Investigating J. G. Wentworth Read More »
If it was largely “business as usual” for investors once the initial furor over Dodd-Frank passed, what happens now that the current administration might succeed in repealing the act? According to House Financial Services Committee Chairman Jeb Hensarling (R-TX), the biggest effect of the CHOICE act will be to strip a great deal of power …
3 Ways Dodd-Frank Repeal Will Affect Real Estate & Notes Read More »
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