Tag Archives: Federal Reserve
Borrowers see some justice
Finally, the victims of foreclosure abuse will receive compensation from mortgage lenders. Continue reading
Posted in Mortgages
Tagged borrowers, Federal Reserve, foreclosure abuses, lenders, Mortgages, victims
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QE3 still an option
After numerous unsuccessful attempts to help jump-start the economy, some Fed members still seem to think that pumping more money into the bond market will help solve our problems.
Twice, the Fed has decided to print money and go on a bond-buying spree… Continue reading
‘Ability to pay’ in 475 pages
Four hundred seventy-five pages.
That’s the length of the Federal Reserve’s latest notice of a proposed rule to implement a federal law that says lenders must determine whether a borrower has the ability to repay a mortgage.
The issue of whether a bor… Continue reading
Posted in Mortgages
Tagged ability to pay, Federal Reserve, mortgage payment, Mortgages
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