Another Housing Crash

[residentialguy]

Besides being USELESS...
Your boiler plate is also UNTESTED and UNPROVEN....

Good grief!!!!

Boiler plates have worked in court. These are market conditions...maybe you missed that heading on page 1 of the 1004. There were many complaints after the last crash saying that that appraiser should have explained the volatile market in the report. So, there is a chance that it'll help. It's a safety net that is no extra work. If there is a chance it may help, it'd be stupid not to. Do as you do...I don't expect you to understand.

 

[djd09]

 

[djd09]

 

[djd09]

hahahahaha

 

[Meandering]

Yeah but if something shows up in your background check, see if you get to “re-establish” yourself with them.

.

 

[djd09]

Weird: Only 3 new U.S. banks opened since 2010

The U.S. excels at startups, but here's something America isn't starting up these days: banks.

Only three new banks have opened in the United States since 2010.

Before the financial crisis, over 100 banks set up shop each year, on average, according to data from the Federal Deposit Insurance Corporation, the agency that approves new banks.

http://money.cnn.com/2015/07/29/investing/dodd-frank-new-banks/index.html

 

[djd09]

Over the past month the pair have met with 16 bank CEOs and received written responses from 11 banks following a request that the banks "demonstrate why either the business structures here or your business practices here lead to different outcomes" from that seen in Australia.

They told the committee that, so far, they had not seen evidence of the sort of widespread systemic misconduct that has been brought to light by the Hayne Royal Commission into banking misconduct in Australia.

The Australian royal commission has heard evidence of forged documents, poor compliance with lending standards and customers charged for services they never received, as well as bribery allegations and companies lying to regulators about their practices.

https://www.newsroom.co.nz/2018/05/30/112457/banks-going-to-the-edge-of-the-law

It is a reoccurring dream.

 

[djd09]

JPMorgan Chase has largely sat on the sidelines of Federal Housing Administration lending due to compliance concerns. But recent regulatory relief efforts have Chase Home Mortgage CEO Mike Weinbach eyeing an opportunity to jump back in.

FHA lending has "real opportunity to become safer" because current officials are working on addressing liabilities it poses for lenders, Weinbach said, speaking as part of a panel of C-suite lending executives at the Mortgage Bankers Association's National Secondary Market Conference in New York.

The company still does some FHA lending, but its involvement in the market is relatively small in part because of the price it has to charge for the loans to address the potential liability involved. The company was the 84th largest FHA lender in the business in 2017.

https://www.nationalmortgagenews.com/news/chase-bank-getting-bullish-on-FHA-loans-mortgage-ceo-says

 

[djd09]

 

[Randolph Kinney]

SAN DIEGO — A new report shows where Californians are moving after deciding to leave the state.

According to the Trulia report, a majority of Californians who leave the state are heading for sin city.

The report shows that more than 8 percent of those leaving coastal California cities are headed for Vegas, which has a median home price of $260,000.

Californians leaving the state also headed for places with growing job markets like Seattle, Denver, Dallas and Portland, Oregon.

According to the latest census data, in the year-span that ended July 2017, adding up the people moving into and out of California translates to a net loss of 138,000.

San Diego County also saw a net loss of 16,000 people during the same year. In the previous year, the county only saw a loss of 8,300 people.

Some of the other top cities Californians moved to include New York, Phoenix and Dallas.