Real Estate World: Ups and Downs: 2012-01-29

Saturday, February 4, 2012

NYTimes: Shrinking the Escrow

From The New York Times:

MORTGAGES: Shrinking the Escrow

Success in challenging property taxes means not having to put as much money aside in the escrow account.

http://nyti.ms/xXhPKW

Friday, February 3, 2012

NYTimes: Progress on Letting Big Banks Fail

From The New York Times:

ECONOMIX BLOG: Progress on Letting Big Banks Fail

The Federal Deposit Insurance Corporation has taken some good first steps to regulating the biggest banks, and what's more, it's doing so in public, an economist writes.

http://nyti.ms/yUiR3p

NYTimes: S.E.C. Is Avoiding Tough Sanctions for Large Banks

From The New York Times:

S.E.C. Is Avoiding Tough Sanctions for Large Banks

Even as the Securities and Exchange Commission has stepped up its investigations of Wall Street, the agency has repeatedly allowed the biggest firms to avoid punishments.

http://nyti.ms/yjPpxT

Thursday, February 2, 2012

NYTimes: Mortgage Relief Plan Aims at Refinancing

From The New York Times:

Mortgage Relief Plan Aims at Refinancing

President Obama said a new package of legislation would make it easier for millions of homeowners to refinance at today's historically low interest rates.

http://nyti.ms/ztlIQZ

Tuesday, January 31, 2012

NYTimes: Treasury Investigates Freddie Mac Investment

From The New York Times:

Treasury Investigates Freddie Mac Investment

The Treasury Department is investigating whether Freddie Mac bet against refinancings by homeowners while at the same time, making refinancings difficult to obtain.

http://nyti.ms/xf7G4M