GSE reform captures political attention

Wednesday May 31st 2017 New filing in the Fairholme case, click here to view. Peter Chapman writes, "The government delivered a request to Judge Sweeney this afternoon asking for permission to file a corrected status report. The government indicates that, because of an oversight, 839 FHFA documents weren’t turned over to Fairholme’s lawyers until today."

Is Seattle about to do away with single-family zoning? July employment report misses analyst expectations RealtyTrac: Foreclosure activity picked up in 120 metros INCOME TO BUILD ON/HELPING STOP FORECLOSURES IN AMERICA. despite showing a a decrease in foreclosure activity, with one foreclosure filing for every 480 households. Other states falling into the top ten were: Massachusetts, Texas, Michigan, Ohio, Illinois, Indiana, and New jersey.. students pick up the payments after they leave school.philly fed Misses Expectations – While Wednesday’s Empire Manufacturing report for the month of July came in better than expected. On the upside, the biggest increase was in Prices Paid (+3.0). In terms of the employment picture,In a dramatic move aimed at addressing the city’s lack of affordable housing, the Minneapolis City Council in December.

GSE debt were China and Japan, providing the channel through which financial market repression in those countries fed the US housing boom. The so-called global saving glut’ and global imbalances’ would have far more benign implications for the global economy, were it not for the role of the GSEs in misallocating global capital flows.

GSE reform captures political attention; Moody’s: Ocwen’s servicer ratings no longer on verge of downgrade; Home prices in Santa Clara County shoot up; Inside Look: Real Estate Owned Gets Jumbo-Sized; Home prices rise 0.3% in August, up 5.6% since January; Categories. Mortgage Brokers

The battle for gun reform in the wake of the Newtown killings ended in defeat this year. But it’s clear that it also ushered in a new moment for the gun reform movement. It launched a new effort to.

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Investment adviser pleads guilty in multimillion-dollar real estate scam Countrywide’s Mozilo may face lawsuit over subprime mortgages Feds won’t file fraud suit against Countrywide’s Mozilo. –  · Federal prosecutors won’t file a fraud lawsuit against former Countrywide financial chief executive angelo mozilo over the sale of billions of dollars’ worth of subprime loans before the mortgage.David Williams, 54, Studio City, California, a licensed securities dealer and investment adviser, as well as the former president and CEO of Sherman Oaks, California-based Morgan Peabody, Inc. brokerage and investment firm has pleaded guilty to federal wire fraud charges stemming from a real estate investment scam that resulted in about five dozen investors losing nearly $4 million.

GSE reform June 14 GSE overhaul needs FHFA and Congress to succeed: Calabria The Federal Housing Finance Agency has appeared willing to take its own steps to reform Fannie Mae and Freddie Mac, but legislation would be necessary to create an explicit guarantee of the mortgage system.