“All things considered, I think I’d rather be a poor lawyer than a rich banker. At least the legal industry has ethical rules and disciplinary
FANNIE AND FREDDIE – SUCKLINGS ON THE PUBLIC TEAT According to a 2009 Vanity Fair article, in the 1980s Fannie Mae was “…one of the largest,
Word has it that Oregon has agreed to sign on to the 50-state attorneys general settlement with five of the country’s largest banks: Bank of
On April 13, 2010, the Office of Comptroller of the Currency (OCC), together with the Board of Governors of the Federal Reserve Board (FRB), and
In my earlier post I was critical of the Obama Administration’s second run at jumpstarting the woefully inadequate Home Affordable Refinance Program or “HARP.” As
“You’re not going to create jobs until you fix the economy; you’re not going to fix the economy until you fix housing; and you’re not
The risk of ***strategic default is rising among loans that have “always performed,” according to the credit analysts at Moody’s Analytics. They say as home
The opinions expressed below are mine alone and do not necessarily reflect the opinions of my industry client, Portland Metropolitan Association of Realtors®, their officers,
“We come in peace.” For those who have seen the 1996 movie, “Mars Attacks!” there is a certain metaphorical similarity between the movie and the
SLAM! BANG! Her: “Honey, is that you?” Him: “Yeh.” Her: “Another bad day at the Firm?” Him: “Bad? Hellish!” Her: “Is that alcohol on your
