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What Happens to Mortgages in  a Government Shutdown?

What Happens to Mortgages in a Government Shutdown?

The threatened government shutdown has become reality, as policymakers on both sides of the aisle find it impossible to play nice. It’s unclear how long the situation will last, and it’s raising real concerns about what will happen to a wide range of government...

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Qualified Mortgage Rule Changes Benefit Investors

Qualified Mortgage Rule Changes Benefit Investors

The Qualified Mortgage Rule – a piece of the Dodd Frank Act designed to prevent another mortgage meltdown like the one in 2008 – has drawn fire from the mortgage industry and consumer advocates alike. And as we’ve noted before in this space, it offers a mixed message...

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Credit Score: A Really Important Number

Credit Score: A Really Important Number

Have you pulled your free report from the Big Three credit reporting agencies (Equifax, Trans-Union, Experian) this year? Any year? Too many people don’t have the slightest inkling what their credit score is, which is a dangerous financial circumstance. In some cases,...

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5 Keys to Making the Most of Student Renters

5 Keys to Making the Most of Student Renters

Renting to students used to be a landlord's worst nightmare. All night parties, police raids and trashed properties made anyone except shadier landlords steer clear of college areas renters. But as the rental market continues to heat up and demand for properties...

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Can New Mortgage Standards Derail the Recovery?

Can New Mortgage Standards Derail the Recovery?

The Federal Reserve’s decision to postpone – indefinitely – the planned taper-down of its massive mortgage securities buyup is good news for the hard-hit housing industry the stimulus plan was designed to help. But even as mortgage interest rates will likely remain...

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Frank Vernuccio Talks Government Policy Fallout

Frank Vernuccio Talks Government Policy Fallout

With the sequestration, civilian workforces will be furloughed, and the impacts will be felt socially and economically. Many dangers will occur as a result of furloughing so many Department of Defense employees. Vernuccio explains how these will affect military...

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The Fed’s Reversal Rocks the Markets

The Fed’s Reversal Rocks the Markets

Remember “Septaper” – that awful sobriquet for the Federal Reserve’s planned taper down of its asset-buying stimulus plan? After months of hinting that led up to an expected draw down in September 2013, the Fed pulled an about-face, announcing that the plan will roll...

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Online-Only Banking: Is it Safe?

Online-Only Banking: Is it Safe?

Traditional brick and mortar banks give the appearance of security and stability – and for most people, that’s the only place to leave their money. But a new kind of branchless banking is challenging those assumptions, as online only banking slowly but steadily draws...

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Knowledge and Power Drives the Revolution

Knowledge and Power Drives the Revolution

George Gilder is Publisher of the Gilder Technology Report, Chairman of the Gilder Group, co-founder and Senior Fellow at Discovery Institute, an original pillar of Supply Side economics, and author of, "KNOWLEDGE AND POWER: The Information Theory of Capitalism and...

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Record Numbers of Americans Renounce Citizenship

Record Numbers of Americans Renounce Citizenship

In the first half of 2013, about 1800 people opted to give up US citizenship. In the second half to date, another 1100 or so have turned in their passports. In view of the country’s overall population, that doesn’t seem like much. But compare those numbers to the 932...

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