The name Elizabeth Warren is one with diverging commentary attached to it. On paper, Warren is an Oklahoma native with a degree from George Washington University, a job teaching law at Harvard University and a close connection to her family. She was senate majority leader Harry Reid's head watchdog over the government's $700bn bailout fund and is considered "one of us" by consumer advocates, labor unions and academics alike.
In person, however, some -- mainly conservatives -- describe her as a power hungry beast that could potentially ruin Wall Street by overprotecting borrowers and treating lenders and loan originators as manipulative Don Juans.
The following video, a promo for her election to lead the new Bureau of Consumer Financial Protection enacted under Dodd-Frank, shows she obviously has a soft side. It is, in fact, professionally done (produced and directed by Rachel McDonald).
But if you're going to aim to appeal to the funkier middle-America, why are you emblematizing gold chains and shoes? And I thought rap videos required at least one good dancer. Either way, get your surgeon mask on; this video has gone viral.
The appraisal industry is in the midst of huge disruption as automated valuation models and hybrid appraisal products gain favor with regulators and investors. What does the future hold for appraisers and appraisal companies as they adjust to the new realities of automation?
[Free HousingWire Magazine read] As Millennials grapple with paying off student loans, their opportunity to buy a home gets pushed further and further into the future. That delay has consequences far beyond individual students — the growing student debt crisis impacts every part of the economy.
There has been a conscious and rapid shift to broaden the use of alternative valuation products for origination. Not every decision needs a $500, full-blown 1004 interior appraisal. And in some markets where appraisers are short in number, the turn times can stretch from days to weeks. What these new alternative — some would say disruptive — valuation products do is enable lenders and servicers to better match the product to the risk by harnessing big data and technology.