The Senate passed a motion Tuesday to proceed to debate on a bill that would overhaul major parts of the Dodd-Frank Act and is expected to vote on the bill at some point this week. Late last year the Economic Growth, Regulatory Relief and Consumer Protection Act, which was sponsored by Banking Committee Chairman Mike Crapo, […]
Five Advantages of Note Investing
Practically everyone, investor or not, is in the note business. Most people though are just on the wrong side of it. Nearly everyone owns a mortgage, or has a car loan, student loans, or credit card debt and they’re all on the “borrower side” of the note business, but even sophisticated investors often don’t fully […]
Florida Attempting To Regulate Private Mortgages
The Florida legislature kicked off its legislative session by introducing Florida Senate Bill 894 and House Bill 935, legislation that would regulate seller carryback mortgages on non-owner-occupied homes. On January 18, the bill passed the House Insurance and Banking Subcommittee with a 13-1 vote in favor. On January 24, the House Commerce Committee passed the bill on a […]