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Non-QM, Disclosure, Hedging, HELOC and 2nd Products; FHA News

U.S. travelers to Hong Kong have had better days, with Hong Kong banning travel from the U.S. Chicago schools (with over 300,000 students) have had better days as classes were canceled due to a union dispute with the mayor. In nearby Michigan, United Wholesale Mortgage (with 9,000 employees) has had better days as well, and, per this story, is under investigation for health protocol reasons. Good health (and a good work environment) is something everyone wants. Money too. Let’s face it: if you have money, other people want it. Here’s the latest scam out of Texas: parking meters with fake codes on them. Be careful out there! Some think that the IRS “wants” your money, but the Internal Revenue Service is acting on the U.S. Government’s directives and laws. Like yesterday’s tax tip about reporting stolen property as income… Many years ago I had my ‘79 Datsun 210 Hatchback stolen in a bad neighborhood in San Francisco… that is ....

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