FANNIE MAE, FREDDIE MAC ADD FEES In an important win for Mortgage Bankers Association members, Fannie Mae and Freddie Mac last month announced changes to their compensatory fee structures that better take into account a mortgage servicers’ operations and no longer impose fees at the outset of the process.

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The Vatican long operated on income generated by vast holdings, on which it pays no taxes. This apparently changed in recent decades. According to a 1965 Time magazine article (which is behind a paywall), The Vatican was then worth more than $10.

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The Secret Finances Of The Vatican Economy. The Vatican said that it’s scrambling to meet all provisions to restore credit card payments but as of now, it’s cash only if you’re visiting. The Bottom Line The Vatican is the smallest country in the world with an economy (and most everything else) shrouded in secrecy.

Two books by Italian journalists based on the commission’s confidential findings revealed that, while the Vatican’s secretive saint-making process brought in hundreds of thousands of dollars in donations for each saintly candidate, the Church had virtually no idea exactly how that money was spent.

Holy crap, this is an interesting question. How would you make a million dollars in one month? But seriously, let’s say I kidnapped one of your kids (and not the ugly one, but the good one)..and you had to come up with a $1,000,000 bucks by the end of the month to get him back.