First of all, I reject the notion that we, as elected officials, should be blaming the Fed, oh, it is the Fed's fault. No, it is our fault if we don't step up.
Our models used to always say that we would not even break even until we hit 200 houses in a pool.
If you go to our multiple listing service, we have less than a 5-week supply of homes $250,000 or less.
But if you have literally half your inventory, and in my understanding, it's dramatically more than half your REO inventory that isn't even ...
My fear is we do something that damages rates of return in those funds for so many investors, so many communities, so many pensions.
Any sense where that is going? And my reason is--I instantly can start to think of ways this gets gamed.
My understanding, Ms. Seidman, is that rules are in promulgation or being looked at in regards to how to recognize leaseholds.
My only concern is that sort of law of unintended consequences that if we reach way back in time, we saw the devastation happen when we chan...
This is a major and unwarranted exception to the carefully crafted Dodd-Frank reforms, and it creates the possibility of regulatory arbitrag...
I am hoping I will hear you touch on everything from jobs to capital availability to competitiveness.
America should be the leader in financial regulation, and not allow a 'you first' mentality to put Americans' financial security in jeopardy...