Ryan Pollock

14 Flips | 2 Magazines | 1 Follower | @ryanpollock35 | Ryan Pollock has worked for and consulted with the home mortgage finance industry for over 10 years.

Housing inventory expands as market shifts

According to The Wall Street Journal, sellers are slowly testing the waters again, with the nation's housing inventory growing again in August.<p>The …

Real Estate

Source Of Explosive Sound Heard Outside Baltimore Courthouse Still Unknown

BALTIMORE (WJZ) — Reports of an explosion at a busy downtown courthouse shuts down several city blocks. Hazmat crews and the bomb squad were brought …

CFPB's data-mining on consumer credit cards challenged in heated House hearing

Consumer Financial Protection Bureau officials are seeking to monitor four out of every five U.S. consumer credit card transactions this year — up to …

Credit Cards

Merrill Lynch Must Face Mortgage Lawsuit, Judge Says

Bank of America Corp.’s Merrill Lynch unit must face a lawsuit filed by two trusts that hold and administer mortgages on behalf of investors who own …

Mortgage Lending Faces Big Risks From 2nd Liens, Delinquencies, and Higher Rates

Darrin Benhart, Deputy Comptroller for Credit and Market Risk, <b>Office of Comptroller of the Currency</b> (OCC) said in a speech on Wednesday that the …

Treasury's Gift on 5-Yr Anniversary of Mortgage Meltdown: Nifty Charts

Don't have the time, or money, to take a trip to Scottsdale, Ariz., to see Frank Lloyd Wright's winter home and studio, Taliesin West? Well, that …

The Real Estate Mini-Bubble Will Be Economy's Next Problem

The housing and automobile industries are the main driving forces of the economy – in both directions. That makes sense since consumer spending accounts for 70% of the economy, and homes and cars are the biggest ticket items consumers spend money on. More importantly, unlike most purchases, it’s …

Study: Record Number 21 Million Young Adults Living With Parents

Richmond Threatens Eminent Domain To Address Foreclosure Crisis

RICHMOND (KCBS) – Richmond city leaders were moving ahead with a plan to head off the foreclosure crisis, a plan that is not without controversy.<p>The …

MBS RECAP: FOMC Trumps Econ Data; Mortgage Rates Mentioned in Statement

MBS Live: MBS Afternoon Market Summary<p>The Fed is to be applauded for mentioning mortgage rates in today's official Announcement in an unprecedented …

Three big questions for Larry Summers, Janet Yellen, and anyone else who wants to head the Fed

The financial crisis of 2008 and the miserable performance of the US economy since then made the Federal Reserve look bad. And almost everything the Federal Reserve has done since then to try to get the economy back on track—from the role it took in the Wall Street bailouts (detailed in David …

Maine Senator Angus King wants to make banking boring again

July 31, 2013 | 3:45 AM<p>Embed Code<iframe src="https://www.marketplace.org/2013/07/31/economy/maine-senator-angus-king-wants-make-banking-boring-again/popout" frameborder="0" width="100%" height="240px"></iframe><p>Copy<br>• Close<p>Embed Code<iframe …

Great Depression

FOMC Keeps QE Juice Flowing At $85B, Bernanke Taper Should Come Later This Year

Amid fears of the coming taper and mixed messages from Chairman Ben Bernanke, the July FOMC statement revealed the Fed remains on track with its $85 billion program of quantitative easing. With the outlook relatively unchanged, markets can expect the Federal Reserve to begin drawing down its asset …