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A Brief History Of Reverse Mortgages In The United States

Reverse mortgages have a relatively short history in the United States, beginning in a bank in Maine in 1961. The 1987 Housing and Community Development Act saw the federal government systemize ... read more

The Latest In Texas v. United States

United States. In Texas ... Alexander’s statement, in particular, confirms the legislative history outlined in the opposition brief filed by the intervenor states, led by California. In their brief, ... read more

Government Shutdown’s Reverse Mortgage Impact, Big and Small

The partial shutdown of the United States ... history, ending its 31st consecutive day on Monday and having widespread ramifications for over 800,000 federal workers and dozens of federal agencies. ... read more

'What will Roberts do?' Anti-abortion laws put chief justice in the spotlight, and on the spot

And the implicit target of all those arguments and pleas is one man — the chief justice of the United States. “What will John Roberts ... and public statements that they would be inclined to reverse ... read more

The Daily Briefing: How a Must-See Show Went Dark

But toward the end, an adult journalist from the Associated Press interrupted, “Sarah, when will you brief the real reporters ... things you might not ask the president of the United States but are ... read more

A Brief History Of Reverse Mortgages In The U.S.

Reverse mortgages have a relatively short history in the United States, beginning in a bank in Maine in 1961. The federal government systemized reverse mortgages through the Home Equity Conversion ... read more

A Brief History of Bank of America in Crisis

While this is just a theory, it's corroborated by the history of Bank of America (NYSE:BAC ... While World War II fueled a brisk economic recovery across the United States, memories of the 1930s ... read more

Interest on Reserves: History and Rationale, Complications and Risks

As a result, in the Fed’s new system, the floor on the funds rate continues to be set not by IOER, but rather by the interest rate on overnight reverse repurchase agreements ... of central banking in ... read more

A brief history of money: from the barter system to Bitcoin

Most of this history is accurate — it’s only the earliest days ... Here’s the shocking part — this is actually how most banks work in reality. In the United States, the amount kept in reserve ... read more

Compliance, Servicemember Products; The CFPB is Alive and Well

(In fact, for most of human history, fruit was only available in a ... a surprising number of Americans now have access to the fully electronic mortgage process. In my travels around the United States ... read more

The Green New Deal’s Supporters Should Take a Crucial Lesson From FDR’s Original New Deal

It also explicitly acknowledges the extent to which economic inequality in the United States is racialized ... moderate Democrats — to narrow the scope of their effort. But the history of FDR’s New ... read more