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Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Sep. 27: Don’t ignore the BSA; potential government shutdown entering investor updates; Nationstar takes down $41 billion in servicing?

All the McDonalds and Burger King workers in California are rejoicing: the minimum wage is heading to $10/hour. This, coupled with the tax increases voted in last year, is making it a more interesting economic situation in the state of fruits and nuts: http://www.reuters.com/article/2013/09/25/us-usa-california-minimumwage-idUSBRE98O0U920130925. I only use Mickey D’s as an example of a minimum…

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