Don’t regulate lending, regulate how lenders get paid

Among the most remarkable (I know, because I’ve already remarked upon it, and I’m not the only one) of the new rules on home mortgage lending finalized Monday by the Federal Reserve is the one that aims to: Prohibit a lender from making a loan without regard to borrowers’ ability to repay the loan from [...]

Taste test: Starbucks edition

Fannie who? Freddie what? I’m on va-ca-tion. The only potentially work-related thing I did today was try the new we-can-do-healthy-too drinks that launch tomorrow at Starbucks. The Vivanno–in orange mango banana and banana chocolate–is a $3.95 smoothie made with a whole banana, whey protein and fiber powder, and then some combination of milk, ice, cocoa [...]