Real Estate World: Ups and Downs: 2011-05-22

The Treasury Department still maintains significant stakes in a few rescued companies like A.I.G. and G.M., and it hopes to avoid losing money on them.

http://nyti.ms/iXmZvQ

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Wednesday, May 25, 2011

NYTimes: As Housing Goes, So Goes the Economy

From The New York Times:

EDITORIAL: As Housing Goes, So Goes the Economy

The ailing market is not going to heal itself. The Obama administration should champion a government fix, and Congress and regulators should act on it.

http://nyti.ms/jxzTbs

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NYTimes: As Bank Woes Ease, the F.D.I.C.'s Fund Is Building Up

From The New York Times:

DEALBOOK: As Bank Woes Ease, the F.D.I.C.'s Fund Is Building Up

Only four lenders were added to the government list of so-called problem banks in the first quarter, the smallest increase since the financial crisis began.

http://nyti.ms/mM2BuR

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NYTimes: Decorum Breaks Down at House Hearing

From The New York Times:

Decorum Breaks Down at House Hearing

A panel chairman accused Elizabeth Warren, who is directing the new Consumer Financial Protection Bureau, of lying.

http://nyti.ms/iEPcgG

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Tuesday, May 24, 2011

The Washington Post: GOP proposal would raise FHA down payments

I thought you would like this article from The Washington Post for iPad

GOP proposal would raise FHA down payments
http://wapo.st/mTe0Xv

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Article: 3 lessons to learn from foreclosure - KGWN –Cheyenne, WY– Scottsbluff, NE News,Weather, Sports

3 lessons to learn from foreclosure - KGWN –Cheyenne, WY– Scottsbluff, NE News,Weather, Sports
http://www.kgwn.tv/story/14641115/3-lessons-to-learn-from-foreclosure

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Article: Mortgage rates at low for year | St. Louis Business Journal

Mortgage rates at low for year | St. Louis Business Journal
http://www.bizjournals.com/stlouis/morning_call/2011/05/mortgage-rates-at-low-for-year.html?ana=RSS&s=article_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_stlouis+%28St.+Louis+Business+Journal%29

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Article: RN-T.com - Troubled home market creates generation of renters

RN-T.com - Troubled home market creates generation of renters
http://www.romenews-tribune.com/view/full_story/13383583/article-Troubled-home-market-creates-generation-of-renters?instance=home_news_lead

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Article: How the Foreclosure Flood Is Swamping Home Prices | BNET

How the Foreclosure Flood Is Swamping Home Prices | BNET
http://www.bnet.com/blog/financial-business/how-the-foreclosure-flood-is-swamping-home-prices/13706

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Article: Bank of America Refinance Offer Raises Questions On Wealth Accumulation | Mortgaged Future

Bank of America Refinance Offer Raises Questions On Wealth Accumulation | Mortgaged Future
http://mortgagedfuture.com/bank-of-america-refinance-offer-raises-questions-on-wealth-accumulation/

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NYTimes: Bank of America to Settle Overdrafts Suit for $410 Million

From The New York Times:

Bank of America to Settle Overdrafts Suit for $410 Million

The bank would pay $410 million to settle a class-action stemming from charges collected from customers overdrawing their accounts.

http://nyti.ms/iKCZlR

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NYTimes: Community Banks Lobby to Limit New Regulations

From The New York Times:

DEALBOOK: Community Banks Lobby to Limit New Regulations

The anxious community banking industry says new rules under the Dodd-Frank law could hurt their bottom line and even cause a few banks to fail.

http://nyti.ms/jrnzWA

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Monday, May 23, 2011

Article: Boston Real Estate Blog, Boston Condos : Here comes the foreclosure tsunami

Boston Real Estate Blog, Boston Condos : Here comes the foreclosure tsunami
http://www.bostonreb.com/2011/05/here-comes-the-foreclosure-tsunami/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBostonRealEstateBlog+%28The+Boston+Real+Estate+Blog%29

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Article: As Lenders Hold Homes in Foreclosure, Sales Are Hurt | TheLedger.com

As Lenders Hold Homes in Foreclosure, Sales Are Hurt | TheLedger.com
http://www.theledger.com/article/20110523/ZNYT01/105233006/1172/GTP04?Title=As-Lenders-Hold-Homes-in-Foreclosure-Sales-Are-Hurt

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Unemployment Rates Inch Down, But the Labor Market Remains Weak - WSJ.com

http://online.wsj.com/article/SB10001424052748704816604576335473413741978.html?mod=WSJ_business_EconomyNewsBucket

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NYTimes: As Lenders Hold Homes in Foreclosure, Sales Are Hurt

From The New York Times:

As Lenders Hold Homes in Foreclosure, Sales Are Hurt

The nation's biggest banks and mortgage lenders have amassed a glut of foreclosed homes that threatens to deepen the housing slump.

http://nyti.ms/jIKoAT

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Sunday, May 22, 2011

Unemployment Rates Inch Down, But the Labor Market Remains Weak - WSJ.com

http://online.wsj.com/article/SB10001424052748704816604576335473413741978.html?mod=WSJ_economy_LeftTopHighlights

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NYTimes: The Dangerous Allure of Distressed Real Estate

From The New York Times:

BUCKS BLOG: The Dangerous Allure of Distressed Real Estate

Too many people will jump in at today's prices without figuring out whether the numbers on real estate ownership actually add up.

http://nyti.ms/k5gAZn

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NYTimes: Talk About Pay Today, or Suffer Tomorrow

From The New York Times:

THE SEARCH: Talk About Pay Today, or Suffer Tomorrow

Because most pay raises are percentage increases, failing to negotiate your salary from the outset can mean a career of regrets.

http://nyti.ms/jzY1Lx

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NYTimes: The Right Job? It’s Much Like the Right Spouse

From The New York Times:

CORNER OFFICE: BARRY SALZBERG: The Right Job? It's Much Like the Right Spouse

In hiring, Barry Salzberg, the next global chief of Deloitte Touche Tohmatsu, says he tries to make sure that the candidate and the company are perfect for each other.

http://nyti.ms/kKbLpZ

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NYTimes: Needed: Plain Talk About the Dollar

From The New York Times:

ECONOMIC VIEW: Needed: Plain Talk About the Dollar

It's standard Washingtonspeak: The United States favors a strong dollar. But sometimes that's not the right answer.

http://nyti.ms/jyztIJ

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NYTimes: It Teetered, It Tottered, It Was Bound to Fall Down

From The New York Times:

It Teetered, It Tottered, It Was Bound to Fall Down

NovaStar Financial was a microcosm of the home-lending assembly line that would set the stage for the credit crisis of 2008, the new book "Reckless Endangerment" says.

http://nyti.ms/j5LODB

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