Guessing the Future: Dave Stevens, Half Dodd-Frank Written, GSEs Here To Stay, Naperville IL, SSDI Now 1 in 13, Alan Blinder, Obama and Big Banks, Mohamed El-Erian


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(Dave Stevens) Future of the Mortgage Industry to be Decided in Tidal Wave of Regulations (in Next 6 Months) – Jann Swanson – Mortgage News Daily


Report: More than half of Dodd-Frank rules still in the works – By Ben Goad – … The Government Accountability Office (GAO) report identified 236 provisions set out in the sweeping law, approved in 2010 to strengthen oversight of the financial sector and avert a repeat of the economic crisis of the late 2000s. Of those, just less than half are complete. … – The Hill

Mortgage Securities Revival Key to Recovery, OCC Chief Says – (Bloomberg) – Reopening the mortgage securitization pipeline is a vital step toward a housing market recovery that will boost the wider economy, Comptroller of the Currency Thomas Curry said today in a Las Vegas speech. – American Banker

ASF 2013: Fannie Mae and Freddie Mac are here to stay – By Christina Mlynski – Housingwire

another loss of personal freedom) 2 meter opponents arrested in Naperville: ‘A society of violating one another’ – By Melissa Jenco – Chicago Tribune

First Term: Americans Collecting (Social Security) Disability (Insurance) Increased 1,385,418—Now 1 for Each 13 Full-Time Workers – By Terence P. Jeffrey – CNS News

I recently wrote a post about a week ago about this being a problem. 

(good common sense) Financial Collapse: A 10-Step Recovery Plan – By ALAN S. BLINDERNY Times

(mortgage related) Obama Second Term To Challenge Big Banks – By Peter G. Miller –

Mohamed El-Erian’s ‘New Normal’ Is Ending—America’s Watershed Moment Is Near – Matthew Boesler – … Société Générale economist Aneta Markowska agrees, and she thinks it could happen in the first half of 2013  … On the Fed, we are still leaning toward a year-end termination of asset purchases. However, as the markets try to front run the Fed, the watershed moment could come long before then. Consequently, we are revising our forecast for the 10-year Treasury yield and now look for a 2.2% target at the end of Q1, and a year-end target of 2.75%. … – Business Insider

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