Friday, November 8, 2024

Word On The Street

The NAACP Voices Its Support For The CFPB

WORD ON THE STREET: The NAACP feels strongly that a robust Consumer Financial Protection Bureau (CFPB) is not only necessary in our nation...

Lessons Learned From Winston Churchill And Lindsay Lohan

WORD ON THE STREET: Winston Churchill was in New York on Oct. 29, 1929, Black Thursday. Bernard Baruch took him to dinner that...

Fed President: Heavy Reliance On Gov’t. ‘Not Sound Long-Term Strategy’

WORD ON THE STREET: Let's turn back the clock for a moment to the second half of 2006. At that time, firms and...

Community Banks And Regulatory Reform

WORD ON THE STREET: A key challenge for community banks in the years ahead will be to adapt to the changing regulatory environment,...

How Realtors View Today’s Housing Market

WORD ON THE STREET: Historically, the housing market has been a major power engine for economic growth, particularly coming out of a recession....

Shaun Donovan On Reforming The FHA

WORD ON THE STREET: Bringing private capital back into the housing finance system does not mean eliminating all government involvement in housing finance....

Geithner On Reducing The Government’s Role In The Mortgage Market

WORD ON THE STREET: In the wake of the financial crisis, private capital has not sufficiently returned to the mortgage market, leaving Fannie...

The Role Of Ginnie Mae In A Post-GSE Industry

WORD ON THE STREET: The challenges in housing finance have an impact not just on the mortgage industry, but also on the national...

Bernanke: ‘Grounds For Optimism’ Afoot

WORD ON THE STREET: Following the stabilization of economic activity in mid-2009, the U.S. economy is now in its seventh quarter of growth;...

The Fed Looks At Commercial Real Estate

WORD ON THE STREET: Weakness in real estate markets, both commercial and residential, continues to be a drag on the overall growth of...

The Fed Updates Congress On Dodd-Frank Implementation

WORD ON THE STREET: The Dodd-Frank Act addresses critical gaps and weaknesses in the U.S. regulatory framework, many of which were revealed by...

HUD Ratchets Up Its Green Hue

WORD ON THE STREET: The Obama administration believes that the energy and economic challenges we face are inextricably linked - and that the...

Does Dodd-Frank Cure ‘Too Big To Fail’?

WORD ON THE STREET: The Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law by the president last July, was intended,...

It’s Getting Better All The Time

WORD ON THE STREET: In the third quarter of 2009, the U.S. economy began to emerge from the deepest recession of the post-World...

Addressing Today’s Foreclosure Crisis

WORD ON THE STREET: If we are to successfully respond to today's foreclosure crisis, all parties involved must recognize some important principles. Loss...

Monetary Policy And The Role Of Dissent

WORD ON THE STREET: As we begin 2011, recent economic data indicate a firmer tone in the outlook, and I am increasingly confident...

Laying The Foundation For A Covered-Bond Market

WORD ON THE STREET: Covered bonds can play a role in an institution's overall funding strategy, offer a new source of funds for...

The Push And Pull Of Foreclosure Alternatives, Legal Obligations

WORD ON THE STREET: The recently identified deficiencies in the preparation and handling of legal documents to carry out foreclosures are unacceptable. While...

Addressing The Challenges Of Community-Based Lenders

WORD ON THE STREET: People are looking for guidance and comfort to navigate through change and a difficult economic climate. To facilitate economic...

A Look At Servicing Incentives

WORD ON THE STREET: The weaknesses that have been identified in mortgage servicing practices during the mortgage crisis are a by-product of both...