THE BASIS POINT

Linkage: Gatsby Mansion Demolished!

Today links include more consumer-focused interpretations of the Fed’s new risk retention rules for mortgage securitization. If you only read one link today, read Kid Dynamite on the topic.

-Mansion Linked To ‘The Great Gatsby’ Demolished (Reuters via tip from DB!)

-Onion or Reuters: Protecting Borrowers From Lenders (Kid Dynamite)

-Leader of Big Mortgage Lender Guilty of $2.9 Billion Fraud (NY Times)

-Wells Fargo income jumps 51% but not because of mortgage growth (HuffPostBiz)

-5 Highlights From Fed’s New Mortgage Rules (The Atlantic)

-Interactive Map: Ryan vs. Obama Budgets (Mish’s Global Economics)

 

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