Wednesday , 27 January 2021

Supreme Court Mortgage Ruling; MBA TILA-RESPA Training; Will Ocwen Impact Rate Sheets?

By Rob Chrisman

Posted To: Pipeline Press

Have some spare doubloons sitting in your bank account, and want to put them to work? You could buy a Japanese 10-yr note and earn about .25% per year, a German 10-year and earn .5% a year, or a US 10-year risk free T-note and earn about 1.84%. But what about equities? Coincidentally both Wells and Chase pay a dividend of 2.70%, Proctor & Gamble 2.90%; Exxon pays 3.00%, AT&T 5.60%, and British Petroleum (BP) 6.60%. It is an interesting (albeit narrow) perspective on risk versus return. There are other things happening in California besides the drought. (After rain in December, the state has had virtually no rain in January – typically its wettest month!) The LA Times reported that California is seeking to suspend Ocwen’s mortgage license in the state for up to one year, which, according…(read more)

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