I have been following the disturbing events as they have unfolded in Westchester County, New York over the past several years.  The Federal Department of Housing and Urban Development (HUD) has been wielding its unfettered legal and regulatory power in this community, calling it their “Grand Experiment!”  Unelected federal bureaucrats are deciding how neighborhoods will […]

Guest post by Andrew – financial writer who loves to contribute his article to the communities, blogs and websites. He analyses people’s financial situations minutely and advises on different options available. He also helps people manage their budgets through free counseling. Thanks to a law, some sort of tax relief is being provided to home sellers to […]

Shari’ah compliant mortgage financing has been available in the United States for over a decade.  Research into how these mortgages are structured reveals the details behind this Islamic finance program and how it differs from the standard FNMA mortgage loan documents. The loan documents used in a Shari’ah compliant mortgage transaction are identical to a […]

You Own It! Congratulations to the Democrats and Young People! You now own it and you can’t blame Bush. The next terrorist attack you own it. Can’t get a job after graduation, you own it. Sky rocketing energy prices due to Obama’s EPA shutting down the energy producing states, you own it. A nuclear Iran, […]

It appears the Consumer Financial Protection Bureau has become Big Brother, watching small banks and mortgage lenders/brokers.  Why doesn’t the government understand that all of the rules and regulations it puts in place that require investment in programming, software, and training will end up costing the end consumer in higher fees and mortgage payments? It […]

In recent months, title insurance agencies across the country have received notification from several lenders explaining that, according to Bulletin 2012-03 issued April 13, 2012 by the Consumer Financial Protection Bureau (CFPB), they must be vetted through a third party risk management firm prior to wiring proceeds and obtaining clearance to close.  This vetting is […]

This is insanity! A  lender rejected an appraisal under the Equal Credit Opportunity Act because there was a black cat in two of the photos. Are you kidding me?  

We’ve seen this movie before!

If this doesn’t make you crazy, then I don’t know what will! And I seriously doubt that the banks will have to pay anything or suffer any consequences for continuing to manipulate the currency for their own benefit.  If you think we have hit rock bottom, think again. The worst is yet to come in […]