On October 6, the FHFA announced that it is extending the comment period for its proposed rule on Federal Home Loan Bank membership by 60 days, or to January 12, 2015. The proposed rule would revise the requirements for financial institutions to apply for and retain membership in one of the 12 Federal Home Loan Banks. Press Release. Proposed Rule.

NEW YORK, September 29, 2014 /PRNewswire/ –

Today, Analysts Review released its research reports regarding Health Care REIT, Inc. (NYSE: HCN), SunTrust Banks, Inc. (NYSE: STI), Cameron International Corporation (NYSE: CAM), Delphi Automotive PLC (NYSE: DLPH) and Harley-Davidson, Inc. (NYSE: HOG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6851-100free.


Health Care REIT, Inc. Research Reports
On September 17, 2014, Health Care REIT, Inc. (Health Care REIT) announced the successful completion of its public offering of 17,825,000...

Lending programs create special challenges for federal budgeting. So special, in fact, that the Congressional Budget Office estimatestheir budget effects two different ways. According to official budget rules, taxpayers will earn more than $200 billion over the next decade from new student loans, mortgage guarantees, and the Export-Import Bank. According to an alternative that CBO favors, taxpayers will lose more than $100 billion.

Those competing estimates pose a $300 billion question: Which budgeting approach is best?

As I document in anew reportandpolicy brief, the answer is neither one. Each approach tells only part of the story. Congress would be better served by a new approach...

CUNA said it plans to meet with Sen. Mark Udall (D-Colo., pictured at left) after the mid-term election about his support for a Department of Defense proposal that would limit payday lending alternative products at credit unions.

We havent had a chance to talk to Senator Udall about it. We look forward to talking to him about it after he wins his re-election, Ryan Donovan, SVP of legislative affairs at CUNA, told CU Times Tuesday.

Concerns about the proposal would likely be raised with members of the Senate Armed Services Committee, such as Udall, whenever the committee takes up a Defense Authorization bill, Donovan added.

CUNAs Political Action Committee, CULAC, donated...

This little delicate morsel is a Wealth Builder Home Loan. Being introduced by Citi Bank and good old Bank of America, the WBHL offers an interest rate less than 1% to a qualified buyer. Note the description, “qualified buyer”. The loan is in competition with a 4% 30 year fixed rate mortgage. Of course this loan is a 15 year mortgage, which means you pay every two weeks. You don’t pay as much but you pay more often. How does this help a low income prospect?

I also read that the buyer pre pays the interest up front. How then can it require little or no down payment?
One of the other “advantages” is that this loan welcomes buyers with lower FICO...

The two largest peer-to-peer (P2P) lending platforms, Prosper and LendingClub founded in 2005 and 2006 respectively, have originated over $6 Billion in loans to date. Although they have only begun to scratch the surface of the $3 trillion consumer debt market, these platforms have been hailed as cutting banks out of the process thereby providing individual borrowers with lower interest rates and individual lenders higher returns than they would receive by parking their money in a savings account.

In the early years, borrowers were able to list their funding requests and stories online where individual lenders would view and fund them. But this picture has changed drastically over the last...



Home Loan Servicing Solutions, Ltd. Schedules Conference Call 3rd Quarter 2014 Results

Journal Sentinel files
Milwaukee Mayor Tom Barrett (left) and Ald. Robert Bauman are at odds over an interest-free home improvement loan program that Bauman sponsored and Barrett vetoed. The Common Council on Tuesday overrode Barrett’s veto.