San Jose home financing Articles, San Jose home financing News

FDIC still tussling with the long tail of recession

It’s another Friday in the banking business, and the FDIC has stepped in once again to its role as the Grim Reaper of Finance, closing three...

The “kinda hard” part of financial reform is over. Now the real hard part begins. With much ceremony, and his usual strong rhetoric,...

A big deadline is approaching for mortgage loan originators (what most people generically call “mortgage brokers”). These good citizens...

We presume innocence in our justice system, but out on Main Street Goldman has already been tried and convicted of gross arrogance, a lack of...

Americans may be forgiven if the results of our government’s Home Affordability Modification Program (HAMP in the jargon) conjure up the old...

Last Thursday was April Fool’s Day, but it is clear that the Fed was not joking when they promised to stop serving as the buyer-of-last...

Much as Wednesday used to be “Prince Spaghetti Day” in North Boston, so Friday is “Bank Closure Day” in the community...

The Mortgage Bankers Association of American (MBAA), a lobbying group for the mortgage industry, has brought a painful chapter of its history to a...

Over the last few years, people have written off mortgage brokers as a broken business model that had seen its day. This seems to be backed up by...

In the closest approval vote in memory (70-30), the Senate confirmed Ben Bernanke for a second term as head of the Federal Reserve. A 40-vote...