TR EMERITUS

Some people think that the current bank failures in US would not be worse than 2008 Lehman Brothers Subprime crisis but the situation may be even worse. We have a situation whereby consumers were too used to low mortgage rates which was similar to subprime and now, there is an aggressive spike in interest rates. Apart from that,... 

For those who believed that my brother’s recent judgment awarding damages to Allan Mah Kiat Seng was a blow at last against the long standing abuse of overweening police powers of arbitrary arrest and detention, the news today that Mah Kiat Seng will actually have to pay some $8,000 more to the AG in costs than he receives... 

According to the Federal Reserve Bank of St. Louis, as of the end of 2021, the total outstanding residential mortgage debt in the United States was approximately $11.85 trillion. This includes both fixed-rate and adjustable-rate mortgages, as well as first-lien and junior-lien mortgages. (There is no breakdown). The most common...