Michigan Rate Cap Initiative Fails to Make Ballot

Michigan Rate Cap Initiative Fails to Make Ballot

Michigan Rate Cap Initiative Fails to Make Ballot Last week, Michigan’s Board of Canvassers declined to certify a proposal to cap interest rates on certain loans that campaign organizers hoped to put on the Michigan ballot in November. While the group organizing the...
Barr Confirmed for Fed Vice Chair of Supervision

Barr Confirmed for Fed Vice Chair of Supervision

Barr Confirmed for Fed Vice Chair of Supervision On Wednesday, The U.S. Senate confirmed Michael Barr to serve as Vice Chair of Supervision at the Federal Reserve (Fed), where many expect that he will crack down on big banks while being open to new fintechs playing a...
Important things to know about Reverse Mortgages

Important things to know about Reverse Mortgages

Important things to know about Reverse Mortgages More than 52,900 reverse mortgages originated in 2021, and with inflation and a potential recession looming, this number has the potential to grow in 2022.  But how exactly does a reverse mortgage work?  Is it right for...

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