Keys with house for affordable homebuying secrets

    Secrets to Buying an Affordable Home that Nobody Ever Tells You

    Mom or Dad were good at saying vague things like “Don’t bite off more than you can chew,” or “Your eyes are bigger than your stomach.” Or specific things like, “Double cheese fries and 64 ounces of Mountain Dew … really?”But it turns out ...

    New mortgage rules

    New Lending Rules Protect Consumers from Predatory Lenders and from Themselves

    It may be too late for a pound of cure, but half a dozen years after the bursting of the housing bubble helped precipitate the Great Recession, the U.S. Consumer Financial Protection Bureau (CFPB) has finally gotten around to offering a few ounces of ...

    Landlords take advantage

    For the New Landlord, It’s Strictly Business

    There's a new landlord in town. Well, actually, there's a new landlord in a whole lot of towns.Back in the day, when land lording was more of a labor, rather than a capital-intensive endeavor, a landlord renting out single-family homes might have owned ...


    Shakespeare Never Met These Mortgage Bankers

    "The first thing we do, let's kill all the lawyers" -- "Henry the Sixth," by William Shakespeare William Shakespeare never met the executives of JP Morgan Chase or Bank of America. Had he done so, he might have revised his line and chosen another profession ...


    Time to Nationalize America’s Mortgage Industry

    What if the federal government nationalized the mortgage industry and became the sole originator, servicer, guarantor and holder of all home loans across the country? You know, sort of a home-buyer's single lending system.Far-fetched? Maybe.But an ...

    national banks image

    States Do Right and Wrong with Millions from Federal Settlement

    Earlier this year, the federal government, the District of Columbia and 49 state attorneys general negotiated a financial agreement with five of the country's largest banks: Ally (formerly GMAC), Bank of America, Citi, JPMorgan Chase, and Wells Fargo.The ...


    Fannie Mae and Bank of America: Breaking Up Not So Hard to Do

    Why is it that the big banks always seem to win in this country? They get bailed out when they screw up; they get rewarded for failure; and they just seem to get bigger, fatter and more selfish all the time.And why does our government always feel the need ...

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