Taylor Bean

Mortgage Lawsuit Roundup

High profile mortgage industry lawsuits will continue for some time and I’ll continue covering them. Here are three lesser known suits that have bubbled up. (1) Taylor, Bean & Whitaker: the gift that keeps on giving. Most, if not every, mortgage company has an accounting firm. In what could be a very closely watched case,

Bank Earnings Roundup

Lee Farkas, the former chairman of Taylor, Bean and Whitaker Mortgage Corp., was found guilty on all 14 charges stemming from a seven-year, multibillion-dollar fraud scheme that led to the collapse of his firm and Colonial Bank. Even the photo can make you cringe. At this point Mr. Farkas is probably not interested that Cantor

Broker Compensation, Wealth Perception, Single Global Currency

If your stock portfolio is going up in value, do you save less? Probably. People generally feel wealthier when their stocks are rising, or their house is appreciating: they will spend more and save less. When the reverse happens, they spend less and save more, which is exactly what is happening now, or at least