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  • Trump budget surprise: Gutting the CFPB

    The impact of President Donald Trump’s 2018 federal budget proposal would certainly be felt in the housing industry via the 13% cut to HUD's budget, but that’s hardly the only impactful move that the budget proposal holds. Buried on the second-to-last page of Trump’s budget is a move that is sure to please Trump’s fellow Republicans and many in the housing industry as well – gutting the Consumer Financial Protection Bureau.

Top 9 things you haven't seen since the housing crisis

Like Blockbuster and flip phones, they're gone, baby

retro cassette

When someone says “a decade ago” they aren’t referring to the late 1990s – they mean the mid-2000s.

That alone should be a shot in your coffee. But it’s hard to realize just how much has changed since then. Especially in the world of housing and housing finance.

That is, unless you stop to think about what you almost never see since the housing crisis.

 

1) Hagiographies of Alan Greenspan

2) Reality shows with the word “Flip” in the title

3) Ninja loans

(You never see ninjas anyway)

 

4) Countrywide, Lehman Brothers

5) SIVs, PIKs, Cov-lites