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  • President Trump signs Dodd-Frank rollback into law

    President Donald Trump signed a major Dodd-Frank rollback into law Thursday, hoping to bring regulatory relief to community banks across the U.S. The president explained Dodd-Frank’s costly regulations gave large banks a negative advantage at the cost of small banks throughout the country. Click the headline to read more.


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Open commentary on everything impacting the U.S. housing economy. The opinions expressed here represent the author's alone.

Calif. City Subprimes It

Subprime is a verb now, according to some lingual studies. So we're using it to describe what's taking place in Vallejo, Calif., which may become the first California city to go BK.
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On the radar ...

Housing Wire gets a nod from Tim Annett at the Wall Street Journal's MarketBeat blog for an earlier story on credit unions and subprime lending.
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Even Krugman Can Be Right, Occassionally

The NY Times' Paul Krugman isn't always wrong: "Why has a crisis that began with loans to a limited group of home buyers ended up disrupting so much of the financial system? Because, ultimately, it's more than a subprime crisis; indeed, it's more than a housing crisis. It's a crisis of faith."
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Hedge Funds Fisking Banks?

Here's a turnaround most might not have seen coming; rather than the banks worrying about hedge funds going rogue, it's now the hedge funds that are engaging in due diligence on the banks they work with. The concern is not a hedge-fund blow up, but rather a greater concern over bank stability.
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