Tag Archives: Federal Reserve Board

Fed’s to Keep Rates Artificially Low for Now

The Federal Reserve says the economy is recovering at a moderate pace. Flood insurance requirements may be deciving. In many cases it could be wise to buy it even if it’s not required. Getting a little down? Go buy yourself something! Catch all of your real estate news and mortgage news with Frank Garay and [...]

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Judge Rules in Favor of Federal Reserve on Loan Officer Compensation Part 2

The Judge reviewing the lawsuit(s) filed by NAMB and NAIHP has ruled in favor of the Federal Reserve. Based on our review of the ruling it would appear that the judge never intended to rule in favor of the associations. So the Fed Rule is going forward and the consumer is going to pay the [...]

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Judge Rules in Favor of Federal Reserve Regarding Loan Officer Compensation Part 1

Marin County CA. is pressured by HUD to get more minorities and is given millions to build low income housing. Does that mean that all poor people are minorities or something? Federal Judge rules in favor of the Federal Reserve with regards to loan officer compensation – real shocker there. The FDIC’s “QRM” is on [...]

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Federal Reserve Study Flawed. 13% of All U.S. Homes Vacant

The Federal Reserve conducted a study where they essentially pretended to be a mortgage broker, and acted how they thought a mortgage broker would act in order to fabricate the results they were looking for. 13% of all U.S. homes lie vacant. Get all of your real estate news and mortgage news with Frank Garay [...]

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Wells Fargo Late to the Party Regarding Home Value Concerns

Ben Bernanke has decided to hold press conferences in order to quill some of the heat the Fed Reserve is dealing with right now. Jeffrey Gitomer comes through with yet another simple yet powerful tip to help you generate referrals from his Little Black Book of Connections. Wells Fargo CEO John Stumpf is concerned about [...]

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