GOP Tax Plan Could Send Dow Skyrocketing to 31,000
We could see a pop to 30,000 the new tax bill. But after setting dozens of new records in 2017, expect the upward trend to be halted with the headwind of higher interest rates in 2018.
We could see a pop to 30,000 the new tax bill. But after setting dozens of new records in 2017, expect the upward trend to be halted with the headwind of higher interest rates in 2018.
ABA Journal Daily News
Lynn Benson was indicted by a Clark County grand jury Thursday on five counts of mortgage lending fraud, one count of a pattern of mortgage lending fraud, and five counts of theft. All are felony charges. Foreclosure News
Acting Consumer Financial Protection Bureau Director Mick Mulvaney hasn't said yet whether he will keep public consumer complaints about banks, credit unions and other financial firms, but a former Ohio attorney general is gearing up just in case. Marc Dann, now a lawyer in private practice who represents mortgage borrowers in foreclosure, said he plans…
Hurricane Irma has already killed nine in the Caribbean and is headed straight for Florida. On Thursday, the catastrophic storm hammered parts of the Dominican Republic and Haiti; virtually wiped out the island of Barbuda, and left 1 million customers in Puerto Rico without power. Foreclosure News
As life slowly returns to normal in hurricane-ravaged parts of Texas, Florida and Puerto Rico, housing experts and consumer advocates worry another crisis is on the horizon: Foreclosures. Already, legal aid groups are working with people who are struggling to make mortgage payments on homes made uninhabitable by the storms, while paying rent somewhere else….
The recent legislation passed by Congress and signed by President Donald Trump will reduce some of the compliance costs burdening credit unions, community-based banks and Main Street mortgage bankers. “We lose about a credit union a day, and it's mostly because of the regulatory burden,” said Dan Berger, CEO of the National Association of Federal…