Another Subprime Idea from Obama
The Obama Administration is reportedly pushing banks to increase mortgage lending to people with relatively weak credit in hopes of boosting home sales. But the… Read More
The Obama Administration is reportedly pushing banks to increase mortgage lending to people with relatively weak credit in hopes of boosting home sales. But the… Read More
New York City Mayor Nanny Michael Bloomberg got a well-deserved legal spanking of his own today from a state court judge ruling against his imperial ban… Read More
President Obama assured the nation in his State of the Union speech on Tuesday that the housing market is “healing,” although mortgage credit remains extremely… Read More
Two recent reports document anew the failure of federal agencies to meet the extensive rulemaking requirements of the Dodd–Frank statute. The regulatory backlog highlights how… Read More
Not many people know the meaning of “swap” (as in a financial hedge, not flea market). Only the most sophisticated investors actually understand the complexities… Read More
If the Occupational Health and Safety Administration (OSHA) regulated its own doings in the manner it does private business, the agency’s doors would surely be… Read More
The Consumer Financial Protection Bureau (CFPB) has imposed yet more regulation on the mortgage market, as required by the Dodd–Frank statute. The latest set of… Read More
It seems that no aspect of American life can escape government regulation. In the past year, regulators drafted rules that addressed everything from caloric intake… Read More
After 66 days of turbulent sailing across the Atlantic, the Pilgrims were understandably eager to touch land at Plymouth Rock. But before allowing themselves to… Read More
After three years of hyper-regulation, the Obama Administration has noticeably slowed its rulemaking in recent months. A variety of major rules have been parked in… Read More