Archive for August, 2013


QM Rule Changes Avert a Housing Recovery Slowdown

It’s a rare circumstance that benefits both lenders and borrowers. But changes to the upcoming Qualified Mortgage Rule, aimed at preventing the kind of subprime mortgage crisis that created the great housing collapse, might do just that – and head off a potential roadblock to the emerging housing recovery. The Qualified Mortgage, or QM Rule, […]

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AMA 59 – Logan Mohtashami: Student Loan Debt and The Economy

[iframe style=”border:none” src=”http://html5-player.libsyn.com/embed/episode/id/2452113/height/100/width/380/thumbnail/no/theme/standard” height=”100″ width=”380″ scrolling=”no”] Jason talks with financial expert Logan Mohtashami regarding the massive student loan debt problem and how students can make smarter decisions. They also discuss where the economy is going. Logan Mohtashami is a senior loan manager at his family-run mortgage company, AMC Lending Group, which has been providing mortgage […]

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Prosecutors Race the Clock in Bank Fraud Cases

By last count, the nation’s big banks have spent $66 billion in the last three years to fight an array of civil and criminal charges for misconduct ranging from foreclosure fraud to bribery. But there’s more to come. Although the US Department of Justice, aided by the attorneys general of all 50 states, has been […]

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Septaper’s Coming: Are You Ready?

After months of mixed messages, the Federal Reserve now says it plans to taper off its massive buyou of mortgage-backed securities starting in September 2013. But although those plans could change again, the financial world is bracing for the effects of a process the media have given the awful moniker of “Sptaper.” Just a year […]

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Social Media Tools: A Game Changer for Investors

Social media has forever changed how people do business. From the early days of personal blogs and Facebook accounts for chatting with family and friends, social media sites ranging from the obvious old standbys like Twitter and Facebook to more specialized professional services like LinkedIn have leveled the playing field for both business people and […]

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Fannie and Freddie Tweak the Numbers For Profit’s Sake

In the nearly five years since the nations historic housing collapse, megalenders Fannie Mae and Freddie Mac have gone from bankruptcy and government bailout to posting record profits. But as Washington policy makers ponder their future, a new report from the two agencies’ overseers claims that those profit numbers may be offset by Famine and […]

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Eminent Domain Seizures Threaten Mortgage Lending

Every state has the right of eminent domain – the legal right to seize private property for the public good. Cities generally exercise those rights for things like building roads or schools. But one California city is using its eminent domain rights to seize homes in danger of foreclosure –with potential repercussions for the mortgage […]

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Is Retirement Hazardous To Your Health?

The conventional picture of retirement – a time when there’s no clock to punch and the days are filled with hobbies and family – has been the holy grail of the American workplace for decades. But a slumping economy and changing workplace realities are forcing many would be retirees to keep working, or start new […]

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Don’t Skip The Home Office Deduction

It’s the age of the entrepreneur. Economic hardships, job dissatisfaction and a desire to take charge of their own financial future are among the reasons why more people than ever before are creating businesses and launching investing ventures from home. That means creating a workspace at home – and while home office expenses are easily […]

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Short Term Renters Try Communities Before They Buy

The new wave of American retirees is challenging traditional thinking about housing in retirement. The stereotype of the old folks serenely sitting on the porch of the house they’ve owed for forty years has given way to a new kind of retiree – restless, peripatetic and often inclined to abandon the old homestead for a […]

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