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Fed Worries About Raising Rates

fed worries about

Wall Street felt relieved as the Federal Reserve held off on raising interest rates. On the other hand, one top security watcher maintained that the investors need not stress in regards to forthcoming rate increments. It is based on the grounds that the Federal Reserve is really terrified that any such activity would toss worldwide […]

Mortgage Terms That Present Solid Value (and two that don’t)

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Despite the economy, mortgage rates have been making people happier and happier. Fixed rates for a five-year term have become lower throughout the entire year. Fixed rates for a three-year term have also gotten lower throughout the year. Many people are choosing a five-year fixed rate. However, a fixed rate for a shorter term is […]

OneWest Bank Foreclosures in Non-White Communities in California

onewestbank

On June 9th, 2015, a coalition across the state of California demanded that federal regulators launch an investigation in order to get to the bottom of the extremely and disproportionately high amount of foreclosures made by OneWest Bank among communities of color across California. The analysis of this data was based on processed foreclosures from […]

After A Meltdown, Government Bonds Might Be Fairly Valued

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The rockiest trading stretches have occurred over the past few months. Everyone in the U.S. was happy around the month of April. This is because the price of government bonds was soaring like never before. However, this all changed after the European Central Bank introduced its bond buying program. This program instantly made its way […]

Fed Meeting Should Leave a Final Four of Dates for Rate Hike

fed meeting

Janet Yellen is the chair of the Federal Reserve. She is going to meet with many of her partners soon at the U.S. central bank policy meeting. At this meeting, people everywhere are hoping to find out when the Federal Reserve will raise interest rates; it has already been established that they will raise interest […]

Did You Miss These Mortgage Rate Stories?

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Mortgage rates recently caught a beautiful break. Although they were lowered down, they still, however, remained close to the highest rates of 2015. This is mainly because lenders are careful when revising their rating sheets. Mortgage rates lost some ground in the past weeks. However, in the past couple of days, mortgage rates gained this […]

The City of Riverside Takes a Stand

riverside

On June 9th, 2015, Riverside Public Utilities issued a press release regarding the City of Riverside’s Writ of Mandate and Complaint, which was filed against the California State Water Resources Control Board. The complaint includes a verified petition which demands relief regarding the State of California’s recent decision to implement emergency drought regulations throughout the […]

NATIONAL ASSOCIATION OF REAL ESTATE BROKERS, INC. UPDATE: TILA-RESPA

RESPA

What is Changing? In a nutshell, the new rules consolidate four existing documents into two new disclosures. The early TILA disclosure and traditional good faith estimate will be combined into a new disclosure called the Loan Estimate, and the final TILA disclosure and HUD-1 settlement statement will be consolidated into a new disclosure called the […]

TIGTA Issues Report On IRS

TIGTA

Significant actions were taken by IRS to improve the procedure of tax – exempt applications including the political intervention, according to information released by the Treasury Inspector General for Tax Administration (TIGTA). This particular report is just a follow-up on the May 2013 TIGTA report, which first mentioned that the IRS management which is not […]

Tax Exempt Organizations Filing Deadline with IRS is Drawing Close

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On May 5th, 2015 we learned that the Internal Revenue Service has been planning to create a deadline for many tax-exempt organizations for a ‘Form 990’ and that deadline seems to be set for May 15th. With such a deadline drawing close rather quickly, the large group of organizations were warned by the IRS to […]

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