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The harmful economics of usury laws: usury laws, regardless of their form, hurt consumers rather than protect them. By studying the Italian mortgage market, … An article from: Mortgage Banking

admin — Sat, 14 Jan 2012 16:20:08 +0000

The harmful economics of usury laws: usury laws, regardless of their form, hurt consumers rather than protect them. By studying the Italian mortgage market, … An article from: Mortgage Banking

This digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on June 1, 2005. The length of the article is 3152 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: The harmful economics of usury laws: usury laws, regardless of their form, hurt consumers rather than protect them. By studying the Italian mortgage market, we see how any form of price controls is harmful to a society seeking to foster homeownership.(Economics)
Author: Leandro DalleMule
Publication: Mortgage Banking (Magazine/Journal)
Date: June 1, 2005
Publisher: Mortgage Bankers Association of America
Volume: 65 Issue: 9 Page: 96(5)

Distributed by Thomson Gale

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Statement from Generation Mortgage Company Chairman Jeffrey M. Lewis on Wells Fargo Decision to Exit Reverse Mortgage …

admin — Fri, 17 Jun 2011 21:26:46 +0000

Statement from Generation Mortgage Company Chairman Jeffrey M. Lewis on Wells Fargo Decision to Exit Reverse Mortgage …
Generation Mortgage Company Chairman responds to Wells Fargo announcement that they will exit the reverse mortgage lending market. (PRWeb June 17, 2011) Read the full story at http://www.prweb.com/releases/2011/6/prweb8583227.htm

Economic Forecast from FTR: OK for the Near Term but Clouds on Horizon

admin — Tue, 14 Jun 2011 22:28:39 +0000

Economic Forecast from FTR: OK for the Near Term but Clouds on Horizon
Economist Noel Perry is optimistic about the near-term economic outlook. The current pause in activity falls within normal margins for a recovery and probably is not a sign of a double-dip recession, he said last week.

Two-Month Mortgage Rate Forecast from HSH.com

admin — Thu, 09 Jun 2011 21:28:27 +0000

Two-Month Mortgage Rate Forecast from HSH.com
HSH.com’s mortgage rate forecast predicts a slight rise near the end of the coming nine weeks. The forecast is based on indicators of economic growth and inflation as well as other factors including recent natural disasters and oil and commodity prices. (PRWeb June 09, 2011) Read the full story at http://www.prweb.com/releases/2011/6/prweb8554588.htm

Manufacturers face disruptions from Japan

admin — Thu, 17 Mar 2011 22:31:21 +0000

Manufacturers face disruptions from Japan
Australian manufacturers will face disruptions as Japanese factories scramble to relocate production of hi-tech and auto components.

U.S. Mortgage Demand Rose From Two-Year Low on Falling Rates

admin — Thu, 24 Feb 2011 21:41:05 +0000

U.S. Mortgage Demand Rose From Two-Year Low on Falling Rates
The number of applications for U.S. mortgages rose last week, led by more refinancing as mortgage rates fell to the lowest level since the end of January.

Administration proposals to overhaul federal housing role draw fire from left

admin — Mon, 14 Feb 2011 22:37:10 +0000

Administration proposals to overhaul federal housing role draw fire from left
Some of the President Obama’s traditional allies argued that proposals in the newly released report could make it too costly for many Americans to buy a home.

Before Republicans start budget-slashing, take a lesson from Bolivia

admin — Fri, 21 Jan 2011 22:28:09 +0000

Before Republicans start budget-slashing, take a lesson from Bolivia
The cliché tells us that Band-Aids are best ripped off quickly. This has a pleasantly simple ring to it, but, as anyone who’s ever showered wearing a bandage knows, it’s not actually true. Soak the Band-Aid in warm water, and you can pull it off slowly and painlessly. It seems there’s a similar myth about swiftly tearing off wasteful government subsidies. There’s an analogous truth, too: They’re …

Soft landing for housing far from certain

admin — Tue, 18 Jan 2011 21:40:39 +0000

Soft landing for housing far from certain
Peter Foster: Ottawa’s tightening of mortgage rules Monday suggests previous rules were too lax and may have overinflated the Canadian housing market

30-Year Fixed Mortgage Rate Drops 13 Basis Points From Seven-Month High; Current 30-Year Fixed Rate is 4.6, According …

admin — Wed, 05 Jan 2011 22:00:37 +0000

30-Year Fixed Mortgage Rate Drops 13 Basis Points From Seven-Month High; Current 30-Year Fixed Rate is 4.6, According …
10 a.m. Pacific–SEATTLE–The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.6 percent, down 13 basis points from 4.73 percent at this same time last week. The 30-year fixed mortgage fell from a 4.8 percent peak early in the week and hovered near 4.68 percent for the remainder of the week, before falling…