by Christopher Liechty | Nov 18, 2013 | Finance
When a regulatory body comes into conflict with industry powerhouses, fireworks are the result. And by fireworks, I mean a lengthy, sleep-inducing process punctuated by moments of double-speak and a complete failure to answer direct questions. Sorry. I just finished...
by Christopher Liechty | Nov 8, 2013 | Finance
Where loan origination is fragmented, payments get made to intermediaries for the services provided. In some cases, those payments are clearly disclosed to borrowers as fees on the loan. However, most of the time the cost of paying the intermediary is built into the...