Developing Affordable Housing Ecosystems World Wide
[Continued from yesterday's Part 1.]
Yesterday we discovered that the OCC had issued a strong cautionary guidance warning lenders that they had new responsibilities when selling new financial products.
So let’s see why these new products are riskier.
We start with the old-style mortgage everyone’s parents took out:
[...]
Does a lender have a duty to talk an applicant out of borrowing, or out of choosing a particular financial product?
Fulfill your obligations
Whether or not they do, a lender loses if a borrower defaults. But what about the lender’s agents — such as mortgage originators— who receive up-front fees and [...]
[Previous months in review available here: Aug, Jul, Jun, May, Apr, Mar, Feb, Jan-06, Dec-05.]
We’re off to school to get AHI’s latest insights!
Labor Day opened September with my look at the GSEs: ain’t misbehavin’?. We then fed readers’ hunger for edification by opening what promises to an eighteen-month saga combining politics, policy, vast sums, a [...]
A few weeks back, I had the enormous pleasure, both personal and intellectual, of hosting an eight-executive UK delegation on the Boston leg of their whirlwind study tour of the US:
— two days in Washington (mostly with Brookings), two days in Boston (during which I acted as host and tour guide), then back home.
We [...]
[Continued from yesterday's Part 7 and the preceding Part 6.]
[Previous Stuy Town posts can be found here:
1, starting gun, 2, opening bets, 3, what's at stake
4, paging the cavalry, Part 5, must the public pay?]
As we continue to follow Stuyvesant Town’s multi-month saga, we need now briefly to examine the other major economic [...]
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| « Sep | Nov » | |||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| 15 | 16 | 17 | 18 | 19 | 20 | 21 |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 |
| 29 | 30 | 31 | ||||
