(worth reading) Inflation Is So Much Worse Than We’re Told - Chris Martenson -
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$1,500,000,000,000 - Joe Weisenthal - Just out from the CBO, your estimated deficit for 2011 $1.5 trillion. Here’s some perspective on the deficit as a percentage of GDP. As you can see, it’s not quite [...]

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There have been eleven bank closures so far in 2011, four of which occurred last Friday. The First State Bank (OK) was sold to Bank 7 (OK), Evergreen State Bank (WI) was sold to McFarland State Bank (also of WI), FirstTier Bank (CO) was placed into the FDIC-created Deposit Insurance National bank of Louisville, which [...]

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The federal bank, thrift and credit union regulatory agencies, along with the Farm Credit Administration, announced today that the Nationwide Mortgage Licensing System and Registry (Federal Registration) will begin accepting federal registrations, effective immediately.
Under the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) and the agencies’ final rules, residential mortgage loan originators employed [...]

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 Jonathan Foxx is a former Chief Compliance Officer of two publicly traded financial institutions, and the President and Managing Director of Lenders Compliance Group, the nation’s first full-service, mortgage risk management firm in the country.

 
On January 26, 2011, the Federal Reserve Board issued a "Guide" - a "small entity compliance guide"  required under Section [...]

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