Editor’s note: this feature originally appeared in the March issue of DS News, out now. You have to look no further than the front page of the Wall Street Journal to learn about Bitcoin these days. Its exponential rise in ...
Read More »Bankruptcy Judge Backs Lehman Brothers in RMBS Suit
A New York bankruptcy judge has ruled that Lehman Brothers Holdings, Inc. will have to pay around $2.4 billion to investors in order to settle disputes over toxic residential mortgage-backed securities (RMBS) sold by the bank during the financial crisis. ...
Read More »States Trying to Circumvent Federal Property Tax Changes
While the long-term effects of the recently passed Tax Cuts and Jobs Act remain to be seen, one of the more controversial changes in the law involves caps on interest payment deductions and property tax deductions. Prior to the tax ...
Read More »The Cost of GSE Reform
If the market crashes again, taxpayers are at risk. Congress seeks to reduce this risk by implementing reform the Fannie Mae and Freddie Mac, but at what cost to borrowers?
Read More »Secretary Carson Restates HUD Commitment to Fair Housing
On Thursday, HUD Secretary Ben Carson fired back against accusations that proposed changes to the HUD mission statement represented a rolling back of the agency's commitment to fair housing practices. Carson was responding to reports earlier in the week that HUD ...
Read More »Industry Pulse: Updates on Aspen Grove, Carrington and More …
From new Board appointments to technology for compliance lenders, check the latest industry happenings in this weekly update. Aspen Grove Solutions, a Maryland-based mortgage technology solutions provider, has appointed JK Huey to its Advisory Board. Huey brings over 35 years ...
Read More »Housing Industry Experts Weigh in on Import Tariffs
On Thursday afternoon, President Trump instituted import tariffs on foreign steel and aluminum. Calling the tariffs a push back against foreign competitors’ “assault on our country,” President Trump signed off on a 25 percent tariff on imported steel and a 10 ...
Read More »These Are the Most Dangerous U.S. Cities
NeighborhoodScout, a web-based analytics platform, recently released its 2018 list of the Top 100 Most Dangerous U.S. Cities. They compiled the list by examining violent crime reports of cities with a minimum population of 25,000. They then took the number of crimes reported ...
Read More »Fed’s Beige Book Builds Case for Further Rate Hikes
On Wednesday, the Federal Reserve released its latest edition of the Summary of Commentary on Current Economic Conditions, more commonly known as the Beige Book. The Book is published in advance of each meeting of the Federal Open Market Committee, ...
Read More »Could Housing Construction Momentum Take a Hit?
Each monthly LegalShield Law Index tracks factors such as housing starts, foreclosure starts, and consumer confidence, compiling indices based on LegalShield’s proprietary data culled from their client base. The Law Index is divided up into sub-indices that track different sectors ...
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