Tag Archives: banking regulation

Once Implemented, New Mortgage Disclosures Will Be Good For Consumers!

But is what’s good for the consumer necessarily an easy thing for the mortgage industry to actually implement? While the new mortgage disclosures will be easier for consumers to read and understand compared to the jargon of today, for the many players in the mortgage industry that come together to make-up a successfully closed loan, […]

The Shadow Banking System And Why The Fed CAN’T Raise Interest Rates!

shadow banking,leverage,interest rates

Janet Yellen discussed Fed policy and interest rates yesterday and, with the removal of the word ‘Patient’ from the current Open Market Committee statement, financial markets roared! Of course when it comes to Fed-speak the removal of one word, in this case ‘patient’, reminds one of another quite famous parsing of words when the phrase […]