Combine federal manipulation of interest rates, tighter standards for mortgage lending and a surge in subprime loans, and what do you get? A blend of mixed messages and conflicting goals that leaves financial experts and homebuyers alike scratching their heads. And,...
Over the years, much has been written about the “Military Industrial Complex” that is composed of defense contractors and politicians who are believed to steer public policy and create wars for the express purpose of perpetuating their base of power. This narrative...
As the housing market continues its rebound, the mortgage lending industry is still a work in proeress after the string of lawsuits, settlements and new legislation put in place to protect consumers after the well-publicized abuses of the past. More regulation is...
By many indications, this should be a good time to borrow. Interest rates are still low, banks are even offering previous defaulters a second chance, and new regulations after the housing collapse are in place to protect consumers from lenders’ past fraudulent...
The rollercoaster ride of quasi-federal mortgage lending superagencies Fannie Mae and Freddie Mac hit the down slope after an unprecedented climb that saw stock prices for both these institutions gaining up to 150 percent in previous weeks. Now, as stocks fell by as...
In many ways, the health of the housing recovery hinges on credit – a major factor in the well-known housing collapse of a few years ago As banks and other mortgage lender tighten standards and clean up their lending practices in the aftermath of the crash, they’re...
As if a multibillion-dollar settlement on fraud charges and bad press about the handling of payouts from that settlement weren’t enough, major US lenders caught in bad behavior after the housing collapse are now facing new accusations of that same bad behavior. Now,...
Professor Richard Epstein, pioneering Libertarian legal scholar, joins Jason Hartman to explain how income inequality is good for society, but is very dependent on the methods used to produce the best outcome. The current methods our government are attempting to use...
Even though indications are that the housing market is looking up after the disastrous crash a few years ago, the mortgage lending industry is still digging itself out of some very deep holes. Among the numerous problems facing major lenders both private and federal...
“Green” houses mean greenbacks for investors. Houses featuring environmentally friendly upgrades and energy-saving devices command higher prices, attract more affluent tenants, and improve neighborhoods. While going green may look expensive, a variety of perks are...
