Our Government: NCUA Conservatorship Antics, Invest With Barney & Chris, MIRA Act of 2009, OMB-FHA and MIPs

March 26th, 2009 · No Comments

Bill-Coppedge27sep08-1

Credit Unions Kept in the Dark? – Interview with Filson: NCUA Conservatorship & its Impact on Credit Unions – … NCUA conserved the two largest corporates based on information that not even the credit union boards were shown. … – Credit Unions.com 

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gary-townsend bankstocks

Feds to Wall Street: You’re Scum. Now Let’s Be Partners.  -  Gary Townsend – Of course! Who wouldn’t want to invest alongside Barney Frank and Chris Dodd?  – bankstocks.com 

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23 page Outline of Draft Proposed Legislation – “Mortgage Improvement and Regulation Act of 2009 (MIRA)” -  … Describes MIRA’s purposes as: establishing a new, comprehensive framework for national regulation of mortgage lending to protect borrowers nationwide; to ensure consistent regulation of independent mortgage bankers and mortgage brokers; to invigorate a fairer and more competitive primary mortgage market and increase transparency; to facilitate greater secondary market investment … – Mortgage Bankers Association Proposal

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OMB Eyes FHA Estimates for Home Values, MIPs -  The Office of Management and Budget is considering changes to the estimates the Federal Housing Administration is using for house values over the next several years, which could lead to a possible increase in mortgage insurance premiums FHA charges on single-family loans. – Broker Universe




Tags: Mortgage Market

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