BLOG VIEW: The OTS: Obsolete Or Omnipotent?
The Office of Thrift Supervision (OTS) is either past its prime or just about ready to really rule, depending on who is evaluating...
BLOG REDUX: Help For Those Furry Friends
As it turns out, I am not the only one who cares about animals. But even more importantly, someone in the servicing industry...
BLOG VIEW: Do You Really Want Those Oranges?
I was once in a supermarket checkout line where the cashier rang up a substantial load of groceries for the shopper ahead of...
BLOG VIEW: Just Walk Away, Renee (Or Not-So-Distressed Borrower)
Today, proper protocol, pacts with state governors and sound financial sense dictate that members of the mortgage industry should help distressed borrowers do...
BLOG VIEW: A Streetcar Named Barney Frank
You may recall the Tennessee Williams play 'A Streetcar Named Desire,' which arguably has more classic lines than any other American dramatic work....
BLOG VIEW: The Furry Foreclosure Victims: Pets
I love animals. So when I came across a couple of news stories related to pets being displaced from their homes through no...
BLOG VIEW: And Another Week Passes By…
I was hoping to use this column to offer commentary on the latest reform legislation to come out of Washington, but I...
BLOG VIEW: Once More For Good Measure
In a move that has become familiar news since last September, the Federal Open Market Committee voted this week to lower its target...
BLOG VIEW: Cutting Off The Weakest Links
Do you remember Anne Robinson? She was the stern host of the TV game show 'The Weakest Link,' and her trademark was fixing...
BLOG VIEW: Mortgage Servicing Is Not Sound
Have you caught wind of H.R.5679, the Foreclosure Prevention and Sound Mortgage Servicing Act of 2008? Introduced on April 2 by Rep. Maxine...
BLOG VIEW: How About ‘Financial Literacy Year’?
There's a resolution going through Congress that designates April as Financial Literacy Month. It's a nice idea, and the timing makes sense (particularly...
BLOG VIEW: Mortgage Meltdowns Go Global
While sifting through the stories each morning to produce MortgageOrb's daily dose of pertinent industry information, I've noticed that a strange thing has...
BLOG VIEW: A Conservative Estimation Of The Current Miasma
Last week, I wrote about the proposed overhaul of the financial regulatory system by Treasury Secretary Henry M. Paulson Jr. I didn't get...
BLOG VIEW: Market Volatility Is OK
I was watching 'World News with Charles Gibson' earlier this week, which featured an interesting segment that discussed current home prices and examined...
BLOG VIEW: A Case Of Bad Timing?
Last week, Treasury Secretary Henry M. Paulson Jr. presented a staggering yet comprehensive plan to overhaul the regulation of the nation's financial system....
BLOG VIEW: The Senate Gets Serious?
As of today, April 3, the Senate has yet to pass the Foreclosure Prevention Act (we certainly would have been told). So why...
BLOG VIEW: The Vague Talk Express?
Last month, I detailed the proposals offered by the two candidates for the Democratic presidential nomination regarding the current crisis facing the mortgage...
BLOG VIEW: A Sucker Born Every Minute
An old adage states that there's a sucker born every minute. Today's inquiries: How many borrowers in default or foreclosure are suckers? More...
BLOG VIEW: The Bear Trap
The Fed's actions in regard to the near-death of Bear Stearns is a classic example of damned-if-you-do/damned-if-you-don't. With its involvement, the Fed opened...
BLOG VIEW: Debunking The CRA Conspiracy Theories
A quick spin around the Internet has brought me into contact with a growing conspiracy theory that is being fueled by a number...