One of the most vocal proponents of the Chicken Little philosophy of real estate is John R. Talbott, who in 2003 wrote the best selling book The Coming Crash in the Housing Market . His new book Sell Now! The End of the Housing Bubble was published this year and has occasioned a lot of press and a certain...
Well now, didn't we say that Michael Oxley was more than just curious? And that Barney Frank might have a bit of an agenda too? That would, of course be Congressmen Oxley, R-OH and Frank (D-MA), Chairman and Ranking Member respectively of the House Committee on Financial Services. Rep. Oxley first caught...
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MND NewsWire
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Glenn Setzer
on
Wed, Jun 22 2005
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Filed under: national association of realtors, House Committee on Financial Services, Government Accounting Office, Federal Reserve, banks in real estate, Congressman Michael Oxley, GAO, American Bankers Association, Congressman Barney Frank, residential real estate market, HR 2066, Gramm-Leach-Bliley Act, U.S. Department of the Treasury, Community Choice in Real Estate Act, Bank Holding Company Act of 1956
So, why has appraisal fraud gained the foothold that it apparently has in the mortgage granting process ? Is anyone watching the store? According to the Demos Report, there are a lot of people who might be or maybe even are watching, but few who have both the power and the motivation to crack down on...
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MND NewsWire
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Glenn Setzer
on
Mon, May 2 2005
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Filed under: FBI, national association of realtors, Freddie Mac, ofheo, Fannie Mae, Justice Department, Federal Reserve, office of federal housing enterprise oversight, appraisal fraud, mortgage granting process, Demos Report on Appraisal Fraud, Federal Deposit Insurance Corporation, Office of the Controller of the Currency, banking regulation, appraiser training, appraiser standards
Back in November we reported that Congressman Michael Oxley (R-Ohio), Chairman of the House Committee on Financial Services had written a letter to the General Accounting Office (GAO) asking for information on the competitiveness of the real estate industry. He was, at that point, focusing on technology...
Posted to
MND NewsWire
by
Glenn Setzer
on
Wed, Mar 30 2005
Filed under:
Filed under: national association of realtors, Federal Reserve, barney frank, Congressman Michael Oxley, Republican Ohio, GAO, Chairman of the House Committee on Financial Services, General Accounting Office, Multiple Listing, American Bankers Association, Great Depression, Glass Steagall Act, Bank Holding Company Act, Gramm-Leach-Bililey Act, Sarbanes-Oxley Act of 2002
If you are getting a little muddled by the number and variety of reports about mortgage interest rates, home sales, homes prices, and so forth that we report here, please believe they are not as confusing as they appear. These are among dozens of reports issued monthly, quarterly, and annually on the...