Could the failure to properly value assets lead us toward Japanese-style deflation? The great recession is officially over, at least on paper. But try telling that to the mortgage finance market. Banks are keeping depreciating assets on-book, without accounting for the full value. What could go wrong?
November Issue: Mark-to-Make Believe
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Guild Mortgage CEO on values, culture and M&A priorities
At The Gathering, Terry Schmidt discussed some of what Guild looks for in its M&A and employee recruitment opportunities.
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US Mortgage Corporation committed to reverse channel, new HECM head says
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Labor Department announces new rule to shield retirement savings
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loanDepot CEO talks ‘longer and tougher’ mortgage cycle, NAR settlement and cyberattacks
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The industry needs to speak out about the consequences of the commission lawsuits: Brokerage leaders
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HUD announces final rule to protect against flood risk