President Donald Trump on Friday plans to sign an executive action to scale back the 2010 Dodd-Frank financial-overhaul law, in a sweeping plan to dismantle much of the regulatory system put in place after the financial crisis. Trump also plans another executive action aimed at rolling back a controversial regulation scheduled to take effect in April that …
Ever-increasing sales are eating up home supply, which is at its worst level recorded since the National Association of REALTORS® started tracking data. This is great news for real estate note investors, because as the market becomes more competitive for sellers, they will be creating purchase money mortgages (seller notes) in order to sell their …
Advertising and publishing veteran Janelle Regotti was looking for a business to buy. The right opportunity presented itself in 2014 when she found Guide Publishing, a company that distributed a quarterly resource guide for Northeast Ohio seniors. The only catch: Regotti didn’t have the $500,000 asking price. With few physical assets to borrow against, she …
Housing market investors have pushed the share of flips, or properties sold twice in 12 months, to its highest level in a decade. Home flippers, who buy homes as a speculative bet on short-term price appreciation, accounted for 6.1 percent of U.S. home sales in 2016, according to Trulia, which defines a flip as a property …
Fannie Mae has agreed to backstop up to $1 billion in debt from the country’s largest owner of single-family rental homes, the first time the government-sponsored entity has agreed to guarantee the debt of an institutional owner of single-family houses. Blackstone Group LP’s Invitation Homes Inc. disclosed its agreement with Fannie on Monday in a …
Blackstone Wins Fannie’s Backing for Rental Home Debt Read More »
Richard Cordray, head of the Consumer Financial Protection Bureau (CFPB), used a private device for government communications, and didn’t create appropriate records of those messages with the bureau. A source told The Daily Caller that he submitted a Freedom of Information Act (FOIA) request in August 2016 for more than a year’s worth of text …
by G. Edward Griffin The system that allows political corruption is built on a belief that the proper function of the state is to re-distribute wealth and treat different groups and classes of citizens differently, supposedly for the greater good. The name for that belief is collectivism. It is what allows con artists to move …
by Gary North Donald Trump’s inaugural address is going to go down in history as one of the great ones. I say this as a man with 59 years of public speaking experience and a Ph.D. in American history. There have only been three inaugural addresses that have come down through the ages. The first …
Trump’s Inaugural Address Was Like No Other in History Read More »
The chief of Homeland Security has announced that his office will be taking over US elections. If you can’t see the coup in progress, you need to keep looking until the message comes through. Read carefully—ABC News reports. Comments are in brackets: “Citing increasingly sophisticated cyber bad actors and an election infrastructure that’s ‘vital to …
This is a coup: the Homeland Security takeover of US elections Read More »
Deanna White told a contractor she couldn’t afford the $42,200 loan he recommended for improvements to her house in Inglewood, Calif. The contractor, she recalled, said she wouldn’t be on the hook because the loan was part of a “government program.” She applied and was approved. Two years later, Ms. White is struggling to make …
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