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July 2011 law makes homeowners buy Carbon Monoxide sensors
refinance
April 22, 2012
Homeownersthatare in the process of refinancingare finding out thatCarbon Monoxide Detectorsare nowrequired by law to be installedin every home in...
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"Bigger-Than-Too-Big-To-Fail"--The Financial Industry
Politics
September 14, 2009
On Sunday, Sept. 13, 2009, Bloomberg published an article about Joseph Stiglitz's recent assessment of the economy, in which he maintains that the...
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Bank Bailouts: "We-the-People" vs. the Wall Street Cosa Nostra
Politics
August 8, 2009
There's been much criticism of TARP and the other credit-bolstering actions taken by the Fed and Government. Much of the criticism, however, has...
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It's Time to Stop the Bank Bailouts
Politics
August 3, 2009
It's becoming clear that giving trillions of taxpayers' dollars to rich bankers and financiers has donelittle to help the real economy. The...
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Instead of $2 billion loss, how about $2 billion loans
JPMorgan
May 13, 2012
Is a $2 billion dollar loss to big to comprehend? Expressed as restaurant loans, it’s about 4500 fast-casual restaurants; 135,000 jobs; $4...
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Euro banks now borrowing from businesses instead of lending to them
Banks
January 9, 2012
In what can only be described as Bizzaro world, or some form of alternate reality, an unusual trend is now taking place in the Euro Zone where...
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Freeze-framing your loan pre-approval
mortgage
June 17, 2011
Got pre-approved for a loan? Great!Now freeze. Don’t move. That is, don’t blow it now!Homebuyers sometimes begin feeling rather smug...
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Death of the Mortgage Broker
Real Estate
May 25, 2011
A law was passed back in April that you may or may not know, but it signed the death notice for all mortgage brokers. The law got rid of yield...
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The Federal Reserve reports that lending to small business fell in 3rd quarter
Federal Reserve
December 10, 2010
For the many analysts and economists who continue to preach that the economy is recovering, a new report out by the Federal Reserve showed that...
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Making the choice to default
Neighborhoods
September 15, 2009
Do consumers keep to their commitment as a moral imperative when it comes to making their mortgage payments? In today's real estate freefall, many...
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