Ode To The Note And Trust Deed – A Tragic Love Story
In the late 1990s, without a single piece of enabling legislation, the Big Banks, infused with money, ego, hubris and a TBTF attitude, created MERS
In the late 1990s, without a single piece of enabling legislation, the Big Banks, infused with money, ego, hubris and a TBTF attitude, created MERS
The Goliaths are getting bigger. From 1995 to 2009 the six largest banks’ assets increased from 18% of gross domestic product to 68%. They’re
“Greed is good.” Gordon Gecko, Wall Street, 1987. I suppose some would say it is unfair to paint all Big Banks with the same
In my earlier post, here, I discussed HSBC’s violation of federal bank secrecy laws. Today, the Office of the Comptroller of Currency issued the following
Following a rough and tumble year in the banking industry, Belial Bank’s feckless fearless leader, B.L. Zebub, believes it is high time to bring some
“I don’t care about being strong; I just want to look strong.” [Heard in the gym from a steroid-infused bodybuilder] This statement could have
Background. In 2007 Congress passed the Mortgage Forgiveness Debt Relief Act. The gist of the law is that for those taxpayers who have had debt
[Note: This is the second in a two-part series in managing brokerage risk. In the first article [here] I discussed managing risk “from the top
This is the second installment of my article looking back over the past five years at Portland housing statistics. Part One examined the real reason
Background – 3Q 2007. Looking back, August 2007 was a memorable month, filled with good news and bad. Based upon RMLS™ numbers, it was a