Entering A New Era In Bank Supervision
WORD ON THE STREET: The worst days of that crisis seem very far behind us, so much so that I sometimes worry that...
Why Has The Recovery Been So Sluggish?
WORD ON THE STREET: Why has the U.S. recovery been so sluggish and consistently weaker than expected? U.S. economic growth has been quite...
Basel III, Banks 0
WORD ON THE STREET: I have been involved in central banking and financial supervision my entire career. I understand the importance of having...
HUD: Mortgage Bankers Are Not Above The Law
WORD ON THE STREET: For more than four years, our country has been recovering from the single worst economic crisis since the Great...
Ensuring The Viability Of Minority Depository Institutions
WORD ON THE STREET: While community banks of all kinds are facing difficult tests in the current environment, minority institutions face especially severe...
When Medical Billing Errors Disrupt Mortgage Banking
WORD ON THE STREET: I have been fortunate to sustain my business during the ups and downs of these economic times. I have...
CFPB: Our Mission Is To Be The People’s Champion
WORD ON THE STREET: The success of the Consumer Financial Protection Bureau depends on our accessibility to the American public. So from the...
Restoring Financial Stability Through Properly Aligned Incentives
WORD ON THE STREET: In 2011, with significant input from others at the Federal Reserve Bank of Kansas City, I proposed that the...
Terrorism Risk Insurance And The Commercial Real Estate Industry
WORD ON THE STREET: We still live in an uncertain world and continue to fight the war on terror. Conflict in many countries...
After GSE Conservatorship Comes…What?
WORD ON THE STREET: Last September, I spoke before the American Mortgage Conference about some of the long-term improvements to the functioning of...
Do Americans Need A Parallel Currency?
WORD ON THE STREET: One of the most pressing issues of our time is the push for monetary freedom. The only sound monetary...
Paying Closer Attention To An Overlooked Affordable Housing Crisis
WORD ON THE STREET: Due to the lack of local investment in affordable housing in Indian Country, the long-term preservation of housing assets...
Financial Education: The Ultimate Tool For Tomorrow
WORD ON THE STREET: Financial education supports not only individual well-being, but also the economic health of our nation. As the recent financial...
Why We Need National Mortgage Servicing Standards
WORD ON THE STREET: Mortgage servicing issues are sensitive and important because they involve the frightening prospect of people losing their homes. Think...
The CFPB: Problem Or Solution?
WORD ON THE STREET: The Consumer Financial Protection Bureau (CFPB) recently marked its first year in operation. Given the unusual structure of the...
The Road Not Taken
WORD ON THE STREET: We've all faced business decisions that offer the opportunity to choose between taking the high road and the low...
HUD’s New Challenge: Providing Affordable Housing For Seniors
WORD ON THE STREET: In 20 years, more than 70 million Americans will have reached retirement age. By 2040, our senior population will...
The Dodd-Frank Act’s Impact On The CMBS Market
WORD ON THE STREET: In the next five years, approximately $2 trillion in outstanding commercial mortgages - including $600 billion in commercial mortgage-backed...
Why The CFPB Is Concerned About Reverse Mortgages
WORD ON THE STREET: For many older Americans, much of their net worth is tied up in their home. Whether they came of...
Protecting Military Personnel Against Wrongful Foreclosures
WORD ON THE STREET: The U.S. housing crisis has hit every community in this nation, and it has hit military families especially hard....