The Fatal Conceit of the Government Mortgage Complex

The Fatal Conceit of the Government Mortgage Complex

Norbert Michel , Contributor I follow the evolution and devolution of monetary and financial policy Opinions expressed by Forbes Contributors are their own. Debate over housing finance reform has raged for ten years. A favorite argument of those wishing to preserve some version of Fannie and Freddie
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Reverse mortgages are a growing temptation, but proceed with caution

We can no longer dismiss the reverse mortgage as an icky last resort for the financially desperate home owner. Introduced in Canada in 1986, reverse mortgages are winding their way into the financial mainstream. Demand for reverse mortgages is soaring, and now there's a new entrant on the scene to
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HUD giving $37 million to fair housing groups to fight housing discrimination

According to HUD, the money will allow the groups to provide fair housing enforcement through testing in the rental and sales markets, to file fair housing complaints with HUD, and to conduct investigations. Additionally, the organizations also conduct education and outreach activities that help educate
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Epic Games acquires cloud computing company Cloudgine

Epic Games has announced the purchase of cloud computing company Cloudgine. Founded in 2012, Cloudgine has delivered distributed computing to developers, allowing for evolutions in the online space. The company is currently working with Microsoft to help deliver Crackdown 3. As a result of the
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Lending Services Rep II Carmel, Indiana

Description. The Lending Services Rep is responsible with Administrative functions in the Business Services department. Expectations include, but not limited to, top quality work product through adherence to Policy and Procedure while handling assigned tasks in a high volume atmosphere with quick
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Tim Cox Named SVP of Operations for Informative Research

Utilizing his 19 years of mortgage experience, Cox will be responsible for conceptualizing and implementing new methodologies, processes, and systems … Earlier, Cox built up extensive experience working at Citi Bank for eight years and at Lenders One as a Senior Manager of National Programs for
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What Is The Future Prospect For Real Estate And Boyuan Holdings Limited (ASX:BHL)?

Boyuan Holdings Limited (ASX:BHL), a A$102.94M small-cap, operates in the real estate industry which remains the single largest sector globally, and has continued to play a key role in investor portfolios as an asset class. Real estate assets usually exhibit distinct and desirable investment features
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Portfolio and Sales Production Manager-Student Lending Job in Richmond Area, VA

SunTrust has a career opportunity for a Portfolio and Sales Production ManagerinStudent Lending.
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First housing shortage in decades taking a toll on Utah buyers, renters

A homeowner places a 'For Sale' sign in front of their house, and quickly, the property is off the market, usually with multiple purchase offers. A landlord places a 'For Rent' sign in the window and a lease has been signed within days, sometimes hours. The United States Census Bureau reported Utah is
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No sleepless nights for brokers: Associations

Results from the previous reviews of the mortgage broking industry will stand it in good stead as the royal commission gets underway, said Mike Felton, … While some industry players previously expressed doubt that the commission would cover mortgage brokers in its investigation, brokers' eventual
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Motel 6 Pact With ICE Led to Deportation to Mexico, Guests Claim

Jane N. and her husband checked into a Motel 6 on June 28, 2017, seeking air-conditioned relief from Phoenix temperatures surpassing 100 degrees. The next morning, the couple was awakened by immigration agents pounding on the door and subsequently detained. Two days later, Jane N. was
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Mueller Plans Questions for Trump on Flynn, Comey Firing, Source Says

Special Counsel Robert Mueller wants to question President Donald Trump about his decision to fire former FBI Director James Comey as well as the removal of Michael Flynn as national security adviser, according to a person with knowledge of the matter. Trump's lawyers have held several
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Duke Energy Named One of Fortune's "World's Most Admired Companies"

CHARLOTTE, N.C., January 22, 2018 /3BL Media/ — Duke Energy has been named to Fortune magazine's 2018 list of the World's Most Admired Companies. Duke Energy was ranked 5th among gas and electric utilities, up from 9th last year. “We are pleased and humbled to receive this recognition on
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Trump's Tariffs Won't Break Bank for Homeowners Installing Solar

The 30 percent duties on imported panels are only apt to increase the total cost of a typical residential rooftop system by about 3 percent, Bloomberg New Energy Finance analyst Hugh Bromley said. That's because panels account for only about a quarter of the price of rooftop system. Other major costs
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Facebook buying software company that authenticates IDs

U.S. lawmakers have expressed alarm at Facebook's limited ability to know who is buying advertisements, including election-related ads, on the world's largest social network. Boston-based Confirm Inc., which is privately held, said on its website that the acquisition was the culmination of three years of
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Facebook Just Acquired This Company Focused on Authenticating ID Cards

Facebook is buying a software firm that specializes in authenticating government-issued identification cards, the two companies said on Tuesday, a step that may help the social media giant learn more about the people who buy ads on its network. U.S. lawmakers have expressed alarm at Facebook's
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Mortgage Loan Manager

The Mortgage Lending Manager provides leadership and day to day supervision of the mortgage department functions including, but not limited to, originating, processing, closing, delivery and servicing of first and second mortgages. The manager is responsible for overseeing the mortgage lending staff
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Hunt Mortgage Group Refinances a Multifamily Property Located in Kalamazoo, Michigan

It offers Fannie Mae, Freddie Mac, HUD/FHA in addition to its own Proprietary loan products. Since inception, the Company has structured more than $21 billion of loans and today maintains a servicing portfolio of more than $13.4 billion. Headquartered in New York City, Hunt Mortgage Group has 232
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Lending Propelled RIA M&A Deals to Another Record in 2017

Lenders continued to feel more comfortable working with registered investment advisors, helping drive merger and acquisition activity to another banner year in 2017. Despite a slowdown in RIA deal volume during the third and fourth quarters, there was a record 168 transactions in 2017, up 21.7
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