FEDSPEAK: Are Lemons Sold First? Dynamic Signaling in the Mortgage Market
Are Lemons Sold First? Dynamic Signaling in the Mortgage Market Abstract A central result in the theory of adverse selection in asset markets is that …
Are Lemons Sold First? Dynamic Signaling in the Mortgage Market Abstract A central result in the theory of adverse selection in asset markets is that …
Foreclosure Fraud: The Inside Story Behind The Appeals Court Reversal of PennyMac v. Sanbria By Matthew D. Weidner, Esq. On Friday July 15, 2016, Florida’s …
“The Settlement provides excellent value for the class. “Specifically, Wells Fargo will pay a non-reversionary cash sum of approximately $16,319,000, to be distributed (after deductions …
The Causes of Household Bankruptcy: The Interaction of Income Shocks and Balance Sheets Abstract We examine how household balance sheets and income statements interact to …
Layoffs Watch ’16: Bank of America Needs You! (To Help It Cut Billions In Costs) The good news: cutting four-figures worth of employees last quarter …
“This is just the next piece of candy for baby boomers. What has amazed me is how slow they [lenders] are to foreclose. They don’t move …
Is Rising Unemployment an Early Warning of State-Level Recession? Abstract Based on experience with national unemployment, analysts have viewed sharply higher state joblessness as …
Stop The Big Lie Our home is in foreclosure. President Obama, Congress and Senate members along with the Banks created the biggest lie in history …
Supreme Court Clarifies the Standard for Actual Fraud On May 16, 2016, the United States Supreme Court decided Husky International Electronics Inc. v. Ritz, holding …
For Better and for Worse Effects of Access to High-Cost Consumer Credit Board of Governors of the Federal Reserve System (U.S.) Finance and Economics Discussion …