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Saturday, June 4, 2011
Friday, June 3, 2011
NYTimes: When the Seller Is the Lender
MORTGAGES: When the Seller Is the Lender
Owner-financed deals can provide sellers with interest income while helping buyers unable to secure a convention bank loan.
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NYTimes: Statements Skip Over REIT’s Woes
HIGH & LOW FINANCE: Statements Skip Over REIT's Woes
Apple REIT Eight, a real estate investment trust that owns hotels, issues comforting account statements, but its latest quarterly report contains some unsettling red flags.
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Thursday, June 2, 2011
NYTimes: Advocates and Bankers Join to Fight Loan Rules
Advocates and Bankers Join to Fight Loan Rules
As banking regulators rewrite mortgage rules, unusual alliances have sprung up to oppose tighter standards.
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Wednesday, June 1, 2011
The Washington Post: New signs U.S. economic recovery is faltering
New signs U.S. economic recovery is faltering
http://wapo.st/lUIA5k
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NYTimes: Mortgage Company Settles Maternity Leave Case
Mortgage Company Settles Maternity Leave Case
Cornerstone Mortgage will settle a federal complaint that accused it of discriminating based on maternity leave.
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NYTimes: Bottom May Be Near for Slide in Housing
Bottom May Be Near for Slide in Housing
An index of prices in 20 cities is down 33.1 percent from the peak in July 2006 after falling for the eighth straight month in March.
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