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HECM Product; Lender Disaster News; U.S. Economy Advancing

Here’s a quiz. How many homes are owned by seniors in the US? Answer: approximately 43.8 million, per the U.S. Census Bureau. How many Reverse Mortgage Loans were funded in 2017? Answer: only 0.06 mil... read more

Hallmark Of An Economic Ponzi Scheme

Financial disaster is quickly forgotten. There can be few fields of human endeavor in which history counts for so little as in the world of finance. - John Kenneth Galbraith Consider two economic ... ... read more

Ditech Holding Corporation Announces Full Year And Fourth Quarter 2017 Highlights And Financial Results

During the year, the business securitized $426.5 million of HECM loans. The Other Non-Reportable segment reported ... to the announcement of any such matters; our dependence on U.S. GSEs and agencies ... read more

Construction and VA Rehab Products; FHA and Lender Disaster News; Economy Solid

This guidance is effective immediately and is applicable to all homeowners with FHA-insured HECM mortgages whose property or place of employment is in the PDMDAs for Puerto Rico’s Hurricane Maria (FEM... read more

Donald Trump talks taxes, trade, 9/11 and why he takes personal shots at political rivals

This is a rush transcript from "Fox News Sunday," October ... big subject, big news this week, and that was President Obama, who made a big reversal on Afghanistan after pledging for months that he wa... read more

FED: We're not seeing a whole lot of inflation right now

Strength was noted in auto cargo shipments and in demand along the U.S.-Mexico ... in loans to oil and gas companies. Consumer credit card delinquencies also ticked upward, due in part to the seasonal ... read more

Weighing The Week Ahead: What Could Derail Financial Markets In 2018?

We would all like to know the direction of the market in advance ... U.S. releases. Once again there is a short trading week, but this time it is loaded with economic reports. Some market participants ... read more

TRANSFORMATION BY CRISES AND SYNTHESES

Drucker is a product of the Frankfurt School (receiving his Ph.D. from the University of Frankfurt before coming to the U.S. in 1937), which has played ... Solana might have “persuaded” by economic me... read more

What Is Gold Streaming?

Streaming companies generally use short-term debt, such as bank loans, to cover the initial expense of a streaming ... The model isn't unique to U.S.-listed companies, either. However, for most invest... read more

NOW Transcript

If they're a representative sample of the U.S. population ... news that cause private donations to surge. There was another 1.5 billion in the budget for lenders like the World Bank. Two and half bill... read more

FOMC MINUTES Show Deep Divisions In The Fed

The rise in imports importantly reflected increases in spending on petroleum products (mainly the result of higher prices rather than increased volumes) and on capital goods, especially computers. For ... read more

Payday lender accused of charging 700 percent interest on loans indicted

PHILADELPHIA – The head of a payday lending enterprise accused of charging more than 700 percent interest on short-term loans ... to 6 percent on personal loans, though banks can charge up to 24 perce... read more