July 26: UBS settles with FHFA; bank lending trend; Wells bales and sails on JVs – no big deal? So you want a speaker from the CFPB?
What is a forint? Besides being a good scrabble or hangman word, it is the currency of Hungary. I mention this because, in Hungary, borrowers can have mortgages based on foreign currencies, and the government has embarked on a plan to have all mortgages based on paying in forints. Stuff I never thought of: http://www.businessweek.com/news/2013-07-25/hungary-mortgage-forint-conversion-to-take-years-official-says….