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You searched for: label/CRA

Blame Basel II

…Act which does not apply to non bank mortgage lenders and even though the default rate for CRA covered mortgages is lower than the over all average. The “Barack Obama…

Why Is Brazil Ahead of the US…fuel

…natural gas, other than the odd city bus or garbage truck in random municipalities? The answer is a simple but unpleasant one. See, we in the US would label the…

Housing Update

…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label

The mindless canard stating as unexplained fact that it would be worse to expand the federal government by a third in order to accommodate single-payer healthcare insurance than it is to have private, for-profit health insurance companies playing this role instead

…since most of them are retired, so there would not be the possibility of employer-based private insurance. What drives me crazy about this mindless but politically potent canard is that…