Monthly Archives: November 2014

Financial Stability Board (FSB)

The Financial Stability Board (FSB) was established in April 2009 as the successor to the Financial Stability Forum (FSF). The Group of Twenty (G20) endorsed the FSB’s original Charter of 25 September 2009 which set out the FSB’s objectives and … Continue reading

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Divorce – keeping or losing the house

These ideas were mentioned a Wall Street Journal article in the 11-7-2014 issue on page M10: A couple who can’t come to resolution to stay married and decides to divorce may need to sell their home to settle the mortgage … Continue reading

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Transportation in Georgia – too many cooks in kitchen?

Why are there so many organizations involved in Transportation – for the money! Recently, the Federal Highway Administration approved the Atlanta Transportation Improvement Plan which includes the $1 Billion planned expenditure to improve the I-285 & GA 400 interchange which … Continue reading

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Does RESPA require lenders to maintain a cushion?

NO. The RESPA statute and regulations do not require the lender to maintain a cushion. However, since 1976 the RESPA statute has allowed lenders to maintain a cushion equal to one-sixth of the total amount of items paid out of … Continue reading

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