Entries from December 2011

Whistleblowers and Bounty Hunters

December 19th, 2011 · No Comments

Americans have often had an ambivalent view of whistleblowers. When we feel that the whistleblowing serves some righteous cause, the whistleblower’s actions are worthy of a medal; but when the whistleblower’s cause is considered to mask self-aggrandizement, then we often contend that some jail time might be a more suitable reward, whatever the cause. Still, [...]

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Tags: Mortgage Market

Mortgages and Housing: D-F Q&A, Ultra Low Rates, Cook County IL, Insider fraud, FHA REO Rentals, Moodys Rebound, NAR Revisions, Congress No Closer, Freddie Mandates, FC Dip, Rehypothication Primer, Reverse Mortgages, Eating Away FCs

December 19th, 2011 · No Comments

email signup             Receive MNC in RSS news reader            me @ LinkedIn ———— (Q&A) How Does The Dodd-Frank Act Impact The Appraisal Process? – BY BEATRICE ZAGORSKI – … As of Oct. 15, 2010, the HVCC was out, and the appraiser independence requirements (AIRs) were in. … The act went even further [...]

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Tags: Mortgage Market

Congress – Screwing consumers for 10 years to buy 2 months of time

December 19th, 2011 · No Comments

email signup             Receive MNC in RSS news reader             me @ LinkedIn ———— Jacking up guaranty fees on mortgages to pay for only 2 months of payroll tax cut extensions is totally stupid and short-sighted. In exchange for kicking the can down the road for only 2 months, Congress is [...]

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Tags: Mortgage Market

Mortgages and Housing: NAHB, But CMOs, Trump Is Wrong, Reverse FC Delay, Repubs Oppose Galante, mREIT Risk, Lukewarm, FED Buy More MBS, Origination Profits, FHA 600 FICO, Nationstar, CA Down Payment, Charles Hugh Smith, UK Mortgages

December 18th, 2011 · No Comments

email signup             Receive MNC in RSS news reader           me @ LinkedIn ———— (no surprise) NAHB Criticizes Mortgage-Fee Raise in Payroll Tax – BY: RYAN SCHUETTE – At least one key trade group opposes plans by some lawmakers to introduce a raise for mortgage fees in a payroll tax extension. – The [...]

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Tags: Mortgage Market