RESPA

History & Outlook For Internet Lending

[Editors Note: Rob Chrisman is on a cycling vacation this week so he’s asked some guest writers to step in on DailyBasis. Today are online lending pioneers Owen Raun & Michael Hillman.] Internet Lending Begins Just a little over fifteen years ago, with the publication of Statement of Policy 1996-1 in The Federal Register, Nick

A Christmas Poem About Mortgage Law Reform

There are some very witty and clever folks out there. (The level of my wit is at about, “A horse walks into a bar. The bartender asks, ‘Why the long face?’” And my clever rating maxed out after I finished the ‘Pick a Peck of Puzzles’ book that I ordered from Scholastic Books in 6th

Rates Up On Better Economic News, Lighter Volume. Mortgage M&A.

Rates Up On Better Economic News, Lighter Volume What the heck happened to rates yesterday? Rates are back to October levels, the yield on the 10-yr Treasury went up above 3.60% (a technical support level), and the yield curve continued to steepen since overnight and short-term rates are still near 0%. (And many feel a