Pavaso releases end-to-end digital real estate process Fear and loathing of QM rule is not necessary S&P expects only moderate tax cuts will be passed early next year DBRS puts U.S. debt rating under review Given the review, an upgrade is highly unlikely in the near future. Moody’s would consider confirming the baa2 rating if, following the review, it had a high level of confidence that the debt ratio would be put onto a sustained downward trend.The senate proposal doubles the estate tax exemption but does not repeal after six years it as the House version does. Upon completion, tax reform should provide some late-cycle fiscal stimulus. As for S&P 500 earnings per share growth, Citi analysts expects 10-11% gains in 2017 to moderate to 6-7% in 2018 before tax cuts are taken into account.
I hate being right sometimes. BusinessWeek’s cover story this week is about Toxic Mortgages; it discusses the problems with Option ARM loans. As I’ve been saying for a few years now, too many people got sucked in by the premise of outstanding rates to help them purchase homes they simply couldn’t afford.
Financial blog on news and global macroeconomic themes regarding the world economy. The blog7quot;s primary focus pertains to inflation, deflation, and hyperinflation, especially currencies, gold, silver, crude, oil, energy and precious metals. Other macro discussion topics include interest rates, China, commodities, the US dollar, Euro, Yuan, Yen, stagflation, emerging markets, politics.
DBRS puts U.S. debt rating under review The amendments to the Short-Term Debt Exemption are intended to remove the regulatory disincentive for some commercial paper issuers to obtain an additional credit rating, provide consistent treatment of commercial paper issuers with similar credit risk and maintain the current credit quality of commercial paper distributed under the Short-Term.S&P/Case-Shiller: Home prices rise 0.9% S&P/Case-Shiller: Home prices will continue to rise — for now ‘Since demand is exceeding supply and financing is available, there is nothing right now to keep prices from going up’ by Marian.
Homeloansgrapevinetx – Contents Reserve bank plan Consumer financial protection Mortgage debt relief scams. incurring traditional mortgage Sex crazed monster amp Sept. 2, 2008 Fitch Warns on Option ARMs; "High Defaults Await" "Fitch Ratings on Tuesday released a wide-ranging look at option ARMs that paints a decidedly negative picture for the mortgage markets.
The central bank said a currency chest operating at the point to be called Designated Chest (DC) will be required to operate a separate vault — to be named Chest Guarantee Vault (CGV) — as an.