Hi Everyone,
Here’s the follow up from class today.
Here’s the Seattle Weekly story on the local Shawn Portmann mortgage fraud case.
Here’s the CFPB enforcement action against Capital One.
There are always two bottoms to a housing market. Here’s a great article that explains the first (new construction home starts) and the second bottom (home values.
Here’s the 60 Minutes episode on the Countrywide Whistleblower. It will only take you about 10 min to watch it. It’s a good segment.
Here’s a link to where I get all my cool graphs and charts. Many thanks to Bill McBride who runs Calculated Risk.
Here’s the NYTimes story on the local maternity leave Fair Housing case. though the new mom was on paid maternity leave, HUD makes it clear that even if the maternity leave is unpaid….”The Fair Housing Act protects borrowers from being discriminated against based on maternity leave if the borrower can demonstrate that she intends to return to work and can otherwise continue to meet the income requirements to qualify for a loan.”
And here’s the latest mortgage fraud report from the FBI.
Thanks for a fun class today!