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Archive for March, 2014

Reverse mortgages: Easy money or dumb move?

March 24th, 2014 by

By Around the Web Reverse mortgages let seniors convert their home equity into cash without having to sell their house, but such loans come with significant risk....( [ Read More ]

Your home: It pays to keep up with the Joneses

March 21st, 2014 by

By Around the Web for latest details....(read more)

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Yellen likely repeated market views on rate hike timing: Fed's Bullard

March 21st, 2014 by

By Around the Web WASHINGTON (Reuters) - Federal Reserve Chair Janet Yellen was likely just repeating the views of private analysts and investors when she said the central bank could raise interest rates six months after ending a bon... [ Read More ]

The CFPB's Debt Collection Complaint Report: Lots of Fury Signifying Nothing

March 21st, 2014 by

By Around the Web Christopher J. Willis Yesterday, the CFPB released its annual report on debt collection, along with a press release. The headline, according to the Bureau, is that “Consumers Report Being Hounded About Debts N... [ Read More ]

Federal Reserve issues corrected results for the 2014 Dodd-Frank Act stress test

March 21st, 2014 by

By Around the Web Federal Reserve issues corrected results for the 2014 Dodd-Frank Act stress test...(read more)

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FHFA Announces $885 Million Settlement With Credit Suisse

March 21st, 2014 by

By Around the Web March 21, 2014: FHFA Announces $885 Million Settlement With Credit Suisse...(read more)

More than 40 percent of the homes for sale in San Francisco are now asking more than $1 million

March 21st, 2014 by

By Around the Web There are any number of ways to size up the relative insanity of San Francisco's housing market. Rent for the median apartment is rising faster there than anywhere else in the nation. A typical studio will now run y... [ Read More ]

Credit Suisse to pay $885 mln in FHFA settlement

March 21st, 2014 by

By Around the Web NEW YORK (MarketWatch) - Credit Suisse will pay $885 million to settle claims from the Federal Housing Finance Agency about mortgage-backed securities that the bank sold between 2005 and 2007. The FHFA filed lawsuit... [ Read More ]

Fed's Fisher says effectiveness of quantitative easing is exhausted: DJ

March 21st, 2014 by

By Around the Web Please check back for further updates....(read more)

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Why Goldman is worried about BofA

March 21st, 2014 by

By Around the Web Most U.S. banks came out of the recent stress tests looking pretty good, with one notable exception: Bank of America....( [ Read More ]

Three reasons to cheer rising rates: Yoshikami

March 21st, 2014 by

By Around the Web Rising inflation and interest rates aren't a bad thing. Here's why, says Michael Yoshikami....(read more)

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Brown Meets at White House as Mortgage Reform Gains Steam

March 21st, 2014 by

By Around the Web NAR President Steve Brown met at the White House with the federal government's top housing officer, HUD Secretary Shaun Donovan, and the head of the National Economic Council, Jeffrey Zients, on the reform of the se... [ Read More ]

Latest Home Price Numbers Reveal Decrease in Pittsburgh Area

March 21st, 2014 by

By Around the Web Home prices in the Pittsburgh, PA, metropolitan statistical area decreased by 0.71% for the month of January as indicated by the FNC Residential Price Index (RPI) . The decline marks the fourth consecutive month of ... [ Read More ]

Minneapolis Fed's Kocherlakota Says Fed Not Moving to More Hawkish Stance - Wall Street Journal

March 21st, 2014 by

By Around the Web Minneapolis Fed's Kocherlakota Says Fed Not Moving to More Hawkish Stance Wall Street Journal By Jon Hilsenrath , Victoria McGrane. The Fed wasn't trying to signal a shift toward more restrictive interest ... [ Read More ]

Yellen's 'gaffe' that wasn't

March 21st, 2014 by

By Around the Web Coverage of the Fed chair's "gaffe" look fairly silly following the markets' subsequent gains, POLITICO's Ben White says....( [ Read More ]