Walter Investment fined $29.6 million for False Claims Act violations

Walter Investment fined $29.6 million for False Claims Act violations

Subsidiaries allegedly submitted false reverse mortgage claims to HUD

The Wrap: Appraisal volume ticks down after two weeks up

New tips, tools and tricks of the trade

Dear Parents, don’t expect your homebuying Millennials to pay you back

loanDepot graph shows they can barely save for retirement
W S
Investments / The Ticker

Size matters for non-agency mortgage REITs

/ Print / Reprints /
| Share More
/ Text Size+

The noted economist E.F. Schumacher wrote a book in the 1970s entitled "Small Is Beautiful" and it became a kind of cult classic among environmentalists, alternate life proponents and assorted "troublemakers".

He had some very good points and championed the notion of "appropriate technology."

It was one of those books which led a reader to note that the author had some truly brilliant insights without ever coming into total agreement with the thesis. Anyhow, small is NOT beautiful when it comes to NMREITs.

 

Source: Seeking Alpha
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus