Richard Cordray, head of the Consumer Financial Protection Bureau (CFPB), complained about “character assassination” after being asked about his private text messages during a U.S. House Financial Services Committee hearing on Wednesday. An exclusive report in the Daily Caller in January exposed Richard Cordray’s possibly illegal use of a private device to communicate about official business. …

CFPB Chief Complains Of ‘Character Assassination’ During House Hearing Read More »

The housing crisis may also have sparked the increase in student loan default rates, according to a working paper by the National Bureau of Economic Research.  The study says the drop in home prices during the Great Recession also coincided with a 24 to 32 percent rise in student loan default rates. Researchers looked at …

Housing Recession Tied To Student Loan Defaults Read More »

by Amy Y. Wan So, you want to start a real estate crowdfunding (RECF) platform. This article is intended to serve as a basic guide. 1)     Decide on what you want to do There are many different types of crowdfunding platforms. You need to first make some business decisions as to what kind of platform you …

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A few of the recession’s hardest-hit housing markets have suddenly some of the healthiest. Tampa, Florida, which lost thousands of homes to foreclosure in the past decade, now takes the title of the nation’s healthiest housing market, at least according to TenX, a real-estate auction and analytics company. It rated locations based on a number …

Here are the nation’s healthiest—and unhealthiest—housing markets Read More »

With a limited number of property listings amid solid demand, sellers have little reason to reduce asking prices. From December through February, less than four months’ supply of existing houses were on the market, compared with a post-recession high of about 12 months’ worth in mid-2010, according to the National Association of Realtors. Yes, interested sellers …

America’s Housing Inventory Problem, Explained in Four Charts Read More »

By Michael Taylor Last fall I learned…that a 50-acre parcel of which I am a part-owner has a planned “major thoroughfare” running through the middle of it. My agent sent me the city parcel map, and yup, there’s a bright yellow line cutting right through our property. As owners we can’t build on that. Any …

How the government can take your land without paying Read More »

Do you want to learn how to create high yield notes (who doesn’t)?  Then join the podcast with Bob Zachmeier, president of NoteCarry.com this Thurs., March 23. 5 p.m. Pacific Time 6 p.m. Mountain 7 p.m. Central 8 p.m. Eastern To hear it LIVE and be able to ask questions, when it starts in your time zone call 712-770-4160.  Enter the …

Podcast On Creating High Yield Notes This Thurs. Read More »

The Justice Department told a federal appeals court on Friday that President Trump should have the authority to fire the head of the Consumer Financial Protection Bureau, but stopped short of asking for the bureau to be abolished. As expected after the presidential election last year, the Justice Department under Attorney General Jeff Sessions sided …

Justice Dept. Moves Against CFPB Read More »

ATTOM Data Solutions’ recent foreclosure study shows foreclosures are at an 11-year low in ATTOM’s February 2017 Foreclosure Activity, the lowest since 2005. Additionally, foreclosure activity has decreased on a year-over-year basis for the 17th consecutive month. Though foreclosures are dropping nationally, 10 states and the District of Columbia experienced increases in foreclosure activity. D.C. …

Foreclosures Drop Nationally, Some States Can’t Keep Up Read More »

Goldman Sachs Group Inc. has become the largest buyer of severely delinquent home loans from mortgage giant Fannie Mae over the past year and a half, acquiring nearly two-thirds of $9.6 billion in loans the agency has auctioned, government records show. On Tuesday Goldman won the majority of loans at Fannie’s latest auction, its largest …

Goldman Sachs Goes on Delinquent Mortgage-Buying Binge Read More »