Tag Archives: Consumer Financial Protecition Agency

Case-Shiller Home Prices At New Highs

Financial FAQs The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.6 percent annual gain in October, up from 5.4 percent last month. The 10-City Composite posted a 4.3 percent annual … Continue reading

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The Bully Mentality—Part II

Financial FAQs NOAA, the National Oceanic and Atmospheric Administration, just announced 2014 the warmest year in recorded history, and 14 of the last 15 years as the warmest in recorded history. Yet Paul Krugman in his latest NYTimes Oped still … Continue reading

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CFPB Releases Borrower Guidelines

The Mortgage Corner The Consumer Protection Financial Bureau, set up as part of the Dodd-Frank Wall Street and Consumer Protection Act, has just published guidelines for mortgage borrowers to help them get the best possible terms. Knowing mortgage guidelines and … Continue reading

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Restricted Credit Will Impede Housing Recovery

Financial FAQs As if we need more evidence that the Consumer Protection Finance Bureau and government regulators have listened to the wrong people when drafting their Qualified Mortgage requirements (that lowers the maximum debt-to-income ratio to 43 percent for non-agency … Continue reading

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Consumer Debt At Record Lows

Financial FAQs The Federal Reserve just released the Q2 2013 Household Debt Service and Financial Obligations Ratios. The overall Debt Service Ratio decreased in Q2 2013, and is just above the record low set in Q4 2012 thanks to very … Continue reading

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So-called Qualified Mortgages Are a Problem

The Mortgage Corner The new rules coming into effect in January 2013 for most conforming loans—i.e., those guaranteed by Fannie Mae and Freddie Mac will cause a definite drop in mortgage lending. The Consumer Protection Financial Bureau, created under Dodd-Frank … Continue reading

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