New Evidence Emerges Of Wrongdoing By Foreclosure Attorney Mark Stopa
The Mortgage Lender Implode-O-Meter
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6y ago
Florida Bar Presents New Evidence Of Mark Stopa Wrongdoing. Florida Bar Demands Immediate Suspension For Stopa ..read more
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How Ivanka Trump's Loyalty to Her Father Killed Her Fashion Label
The Mortgage Lender Implode-O-Meter
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6y ago
``... on Tuesday, when Ivanka Trump announced she was shutting down her fashion line, it had everything to do with business and everything to do with family; everything to do with her father; and everything to do with Ivanka's unwavering support for her father's presidency... As the Wall Street Journal reported, Ivanka was apparently "frustrated by the restrictions she placed on the company, IT Collection LLC, to avoid possible conflicts of interest" while serving in her father's White House as a senior adviser ..read more
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FHFA Abandons Plans To Create Alternative Credit Score For GSEs.
The Mortgage Lender Implode-O-Meter
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6y ago
FHFA Abandons Plans To Create Alternative Credit Score For GSEs. Agency Decides To Right New Credit Score Rules ..read more
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Trump Blasts Powell's Rate Hikes (WANTS EASY MONEY NOW THAT IN POWER)
The Mortgage Lender Implode-O-Meter
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6y ago
President Donald Trump criticized the Federal Reserve's interest-rate increases, breaking with more than two decades of White House tradition of avoiding comments on monetary policy out of respect for the independence of the U.S. central bank. "I'm not thrilled" the Fed is raising borrowing costs and potentially slowing the economy, he said in an interview with CNBC broadcast Thursday. "Because we go up and every time you go up they want to raise rates again. I don't really -- I am not happy about it. But at the same time I'm letting them do what they feel is best." So much for "sound money Tr ..read more
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Housing Permits Soften, Starts Plummet
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6y ago
``Single-family starts were down 9.1 percent from May and off 0.2 percent from the June 2017 number.  The June estimate was 858,000 units compared to 944,000 in May, the latter an upward revision from 936,000.  Multifamily starts dropped by 20.2 percent to a rate of 304,000 units, 15.3 percent lower than the same period in 2017 ..read more
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Brexit chaos: After resignations, what happens next for British PM Theresa May?
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6y ago
British Prime Minister Theresa May was trying to save her government Tuesday after it was damaged by a series of resignations over the nation's Brexit crisis....The turmoil came on top of preparations for this week's controversial visit by President Donald Trump and a thorny NATO summit meeting. At the heart of the problem is progress, or lack of it, toward Britain's departure from the European Union, which former Secretary of State Madeleine Albright on Sunday described as "an exercise in economic masochism that Britons will long regret." Foreign Secretary Boris Johnson and Brexit Secretary D ..read more
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Freddie Mac seeks widespread expansion of 3% down mortgages
The Mortgage Lender Implode-O-Meter
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6y ago
In San Francisco, you are now considered "low income" if you make less than $117,000 a year.  That makes sense when a standard home sells for $1.5 million.  So now we have Freddie Mac attempting to push 3% down mortgages on a much larger scale since many people are priced out.  What can possibly go wrong?...You have closing costs and in many cases, there are commissions to pay out once escrow closes. These may range from 3 to 5 percent. So when you purchase a home with a 3 percent down payment, you are essentially putting yourself in a zero or negative equity position from day one if you neede ..read more
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NY Based Westchester Residential Opportunities Busted For Illegal Solicitations
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6y ago
New York Non-Profit Westchester Residential Opportunities Busted Poaching Clients From Attorneys ..read more
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New York and the feds both want Pharma Bro's money first
The Mortgage Lender Implode-O-Meter
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6y ago
"Martin Shkreli has failed, neglected, or refused to pay in full the liability for the income tax year 2015," and he still owes the IRS $1,695,397, the court papers say. Last month, then-Attorney General Eric Schneiderman said the state should be paid the remaining $480,000 of a $1.2 million 2016 tax bill before Shkreli starts paying his $7.3 million forfeiture tab because the state bill came first....If Shkreli can't come up with the cash to make the payments then the IRS will seek his other assets, including a one-of-a-kind Wu-Tang Clan album called "Once Upon a Time in Shaolin," a Lil Wayne ..read more
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