Is there another housing bubble on the rise? A report from the Indiana University Kelley School of Business is predicting a brand-new housing bubble is in the making. In their article “Prepare for a Generational Housing Bubble,” Phil Powell, clinical associate...
The Consumer Financial Protection Bureau (CFPB) issued guidance on debt collectors who threaten to foreclose on homes with mortgages past the statute of limitations, stating such actions could be in violation of the Fair Debt Collection Practices Act and its...
Florida’s home sales dropped during March but prices continued to rise, according to new data from Florida Realtors. Last month ended with 26,161 closed sales of existing single-family homes, down 15% year-over-year, while the 11,188 condo-townhouse sales were 23.5%...
The federal agency tasked with protecting consumers seemed to be doing the exact opposite, thanks to a data breach enacted by one of its employees. However, the agency claims the situation is not a cause for alarm. The Wall Street Journal reported an unnamed worker at...
The Federal Deposit Insurance Corp. (FDIC) has begun selling mortgage-backed bonds from Silicon Valley Bank and Signature Bank (OTC:SBNY). The Wall Street Journal reported the FDIC put up $700 million of high-quality mortgage-backed bonds yesterday as part of an...
The legalization of marijuana in the U.S. has created something of a nationwide crazy quilt. Cannabis is still considered illegal under federal law, but in 21 states plus the District of Columbia and Guam both medicinal and recreational marijuana retailing is legal....