Steven Romick Publishes Quarterly Letter, Commenting on Blue-Chips: BUD, AON, WMT, JNJ
Steven Romick published quarterly letter for the quarter that ended on June 30, 2010.
Categories: Mortgage Newswire
Backer of New York City mosque gave to Hamas-linked charity
Pedestrians stop to argue with Abu Rahman , Matt Sky and Julia Lundy as they stand in front of the site of a proposed Islamic cultural center and mosque near ground zero in New York City on Aug.
Categories: Mortgage Newswire
Donven Homes gives buyers every reason to say 'yes'
Now is the time to buy a new home. Mortgage rates are low, new homes are being offered at attractive prices, and one home builder is giving buyers every reason to say "yes." Gold Key winner Donven Homes is freezing prices, giving buyers personalized timelines for closing and move-in, and offering free, beautifully finished basements or credits ...
Categories: Mortgage Newswire
Donven Homes gives buyers every reason to choose homes at two Lemont locations
Now is the time to buy a new home. Mortgage rates are low, new homes are being offered at attractive prices, and one home builder is giving buyers every reason to say "yes." Gold Key winner Donven Homes is freezing prices, giving buyers personalized timelines for closing and move-in, and offering free, beautifully finished basements or credits ...
Categories: Mortgage Newswire
And now, the confessions of a guy who used to hate 'Family...
"Family Guy": Turns out, it's not as unfunny as we've been saying it is . Photo: The conversation's the same every time: tell someone you don't like Family Guy , and they'll express shock.A They'll suggest that you give it another shot, or that you might've been in a bad mood while you watched it.A You try and tell them that that's not it, that ...
Categories: Mortgage Newswire
My Kingdom For a Home.....And Then What?
What is one to expect after buying a house? I am in a position to purchase a home.
Categories: Mortgage Newswire
Steven Romick Q2 Shareholder Letter: Portfolio remains conservatively postured
Steven Romick of FPA Crescent Fund just released his Q2 shareholder letter. We highly recommend you to read it.
Categories: Mortgage Newswire
For Financial Watchdogs, Principle Counts More than Discretion
Is it good or bad that the Dodd-Frank financial reform law leaves much of the responsibility for fixing our financial system to federal regulators? Matt Yglesias makes a case for the necessity of giving government watchdogs a measure of latitude.
Categories: Mortgage Newswire
Moody's escapes SEC fraud case
Despite finding evidence of fraud, the Washington Post says the Securities and Exchange Commission has decided it won't charge Moody's, one of the credit rating firms that seriously misjudged the mortgage-backed securities at the heart of financial meltdown.
Categories: Mortgage Newswire
"Low for long": A risky but necessary interest rate policy
Are low interest rates storing up more trouble for the future? This column argues that low interest rates have been necessary to sustain large current-account imbalances.
Categories: Mortgage Newswire
The home-mortgage-interest deduction: Dump it?
A conversation on this topic has broken out in another comment thread, so I thought I'd bring it to the front here: Should we eliminate the home mortgage interest deduction? -- The tax break will reduce federal revenues by $131 billion in 2012 -- but is it effective in fostering home ownership? : For a half century--until the recent real estate ...
Categories: Mortgage Newswire
Great Recession Geography: Unemployed Migration
I figure most people underestimate the dear costs of geographic immobility. Hence the obsession with impeding outmigration .
Categories: Mortgage Newswire
This Just In: Double-Dip Deepens as Housing Collapses
From Martin Weiss Research . We already knew of the housing collapse, as well as the double-dip. Here's the only pertinent part of this article: "In response to the latest round of dismal data, administration officials are flailing around.
Categories: Mortgage Newswire
'Optimisma Pessimisma and a Bit of Perspective'
Dennis Lockhart, president of the Atlanta Fed, makes it clear that presently he sees no need for more stimulus -- a slow, plodding recovery like we had in the previous two recession is the best we can expect.
Categories: Mortgage Newswire
Change to Win: Wage stagnation has broad impact
Middle-class families have lost jobs, homes and savings for their children's education or their own retirement as a consequence of the Great Recession.
Categories: Mortgage Newswire
Mirage Now Offering Skylofts Lite
If shady mortgage practices, a booming Dow, and low unemployment were still a staple of today's economy, I'm convinced that the top floors of every MGM property would be akin to Skylofts by now.
Categories: Mortgage Newswire
BlackRock to assess industry's CMBS losses
Investment management firm BlackRock was hired by state insurance regulators to evaluate the industry's potential losses from holding commercial mortgage-backed securities, Bloomberg news reported.
Categories: Mortgage Newswire
Fannie's path to ownership
If you fit the profile -- typically buyers with little cash on hand or small-scale investors looking for a deal on a foreclosed house -- a little publicized national lending program could be just what you need this fall.
Categories: Mortgage Newswire
Alexico hit with $197M suit at Flatotel
Alexico Group is facing a $196.7 million lawsuit at the Flatotel, after Atlas Capital accused the developer of defaulting on the property's mortgage loans.
Categories: Mortgage Newswire
John Perkins: Mr. CEO, Can You Spare A Job or a Free Lunch
"An economic policy which does not consider the well-being of all will not serve the purposes of peace and the growth of well-being among the people of all nations." In case you are tempted to feel sorry during these troubled times for the corporatocracy .
Categories: Mortgage Newswire