Three key takeaways from Kevin Warsh’s second FOMC press conference

The Federal Reserve Board plans to amend its requirements for banks to maintain anti-money laundering (AML) programs to, among other things, require them to focus their AML resources based on risk. In addition to requiring bank to give more attention to higher-risk customers and activities, the Federal Reserve Board plans to require banks to incorporate…

Investors can gain exposure to the real estate sector through physical property, listed Real Estate Investment Trusts (REITs), or REIT-based mutual funds. While all three provide access to the same asset class, their tax treatment differs significantly and can have a meaningful impact on post-tax returns. Capital gains tax: REITs and REIT mutual funds have…

Anybody can say they have low prices and great service. You have to prove it at every touchpoint.  Most originators claim to offer low price, fast closings, and responsive service. But to actually do it the same way across hundreds of files takes discipline, systems, and leadership. The test is not your best month. It is whether you can give…

This article was written by Follow Providing timely and quick to the punch analysis of earnings and macro-related events across various sectors, with a focus on retail and real estate. I am a licensed CPA. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans…