Two more defendants sign consent agreements in Penland case
Two more defendants in the Penland real estate scheme have reached consent agreements that bars them from working in North Carolina under certain circumstances.
Categories: Mortgage Newswire
InnSuites Hospitality Trust Reports Operating Results
InnSuites Hospitality Trust filed Quarterly Report for the period ended 2010-07-31. Innsuites Hospitality Trust has a market cap of $10 million; its shares were traded at around $1.16 with and P/S ratio of 0.6. The dividend yield of Innsuites Hospitality Trust stocks is 0.8%. For the six months ended July 31, 2010, our total revenue was $8.4 ...
Categories: Mortgage Newswire
Morning Shorts
Aside from the staffing changes at the Census Bureau, which has been trimming jobs added earlier in the year for the decennial population count, private-sector employers added a modest 67,000 jobs over the month.
Categories: Mortgage Newswire
The Christmas Syndrome
Today's employment numbers were disastrous. We are losing jobs when we should be gathering steam.
Categories: Mortgage Newswire
When Quality Doesna t Matter
Back when the Web was young, Paul Graham demonstrated a new algorithm to Yahoo's Jerry Yang, one that ranked search results by user behavior and differentiated between clicks and clicks leading to purchases .
Categories: Mortgage Newswire
Economic genie is out of wishes
By Lou Barnes , Friday, September 3, 2010. Flickr photo courtesy of That Other Paper .
Categories: Mortgage Newswire
New Homes for Watford
Published by Liz Turner for Paradigm Housing Group in Housing and also in Communities Friday 3rd September 2010 - 2:41pm Chairman of Watford BC cuts the ribbon Chairman of Watford Borough council, Cllr Alan Burtenshaw, officially opened Paradigm Housing's new affordable homes at Willow Grange, Watford on August 19.
Categories: Mortgage Newswire
Lawsuits: Half-Glassed Broadway Office Building Faces Foreclosure
Lawsuits Friday, September 3, 2010, by Sara In happier times for the commercial real estate market, the Moinian Group was one of many landlords that decided a facade facelift on one of its properties could do wonders for its bottom line.
Categories: Mortgage Newswire
Federal Reserve Cana t Halt Double-Dip Recession
Since interest rates are near zero and the Federal Reserve already owns a massive share of the Treasury and mortgage securities markets, many investors worry the central bank can't prop up the economy should it take a serious turn for the worse.
Categories: Mortgage Newswire
Legal Update: Dodd-Frank Redefines 'Accredited Investor' and the SEC Provides New Guidance
Home > Corporate Governance , Corporate Governance > Legal Update: Dodd-Frank Redefines "Accredited Investor" and the SEC Provides New Guidance> Legal Update: Dodd-Frank Redefines "Accredited Investor" and the SEC Provides New Guidance This blog posting is an update to our blog posting entitled Legal Update: Dodd-Frank Redefines "Accredited ...
Categories: Mortgage Newswire
Reap benefits from cash-in refinance
By Jack Guttentag , Friday, September 3, 2010. Cash-in refinancing means putting cash into a transaction by paying down the balance, as opposed to cash-out refinancing where you take cash out by increasing the balance.
Categories: Mortgage Newswire
How Wall Street made the financial crisis worse
We believe we can show that some Wall Street bankers had evidence, a year or two before the financial crisis hit, that there were serious problems with subprime mortgage investments.
Categories: Mortgage Newswire
'The Too-Big-To-Fail Problem Must Be Solved'
Here's the statement by Ben S. Bernanke, Chairman Board of Governors of the Federal Reserve System, before the Financial Crisis Inquiry Commission, Washington, D.C., September 2, 2010 'Chairman Angelides, Vice Chairman Thomas, and other members of the Commission, your charge to examine the causes of the recent financial and economic crisis is ...
Categories: Mortgage Newswire
H&R Block Beats Zacks Consensus
Free: Profit from the Pros Claim your free subscription to Zacks' daily e-newsletter to apply the simple secret that has tripled the market's average yearly gain since 1988.
Categories: Mortgage Newswire
September 3: Market Risk - Modest Inflation Expectations Allow US...
September 3: Market Risk - Modest Inflation Expectations Allow US Mortgage Rates to Once Again Set New Record Lows Location: McLean Author: Eileen Fitzpatrick Date: Friday, September 3, 2010 Freddie Mac yesterday released the results of its Primary Mortgage Market Survey , and for yet another week, fixed-rate mortgages reached record lows, as did ...
Categories: Mortgage Newswire
September 3: Market Risk - FHFA Establishes New Housing Goals for Fannie Mae and Freddie Mac
The Federal Housing Finance Agency has sent a final rule to the Federal Register establishing new housing goals for Fannie Mae and Freddie Mac for 2010-2011. The Housing and Economic Recovery Act of 2008 required FHFA to establish housing goals for the Enterprises for targeted segments of the mortgage market.
Categories: Mortgage Newswire
Are low mortgage rates around for a long time?
This post over at Basically Money asks whether to refinance a mortgage .A Here's the question: I have a 5-year ARM at 4.5% APR.
Categories: Mortgage Newswire
Technocratic Fundamentalism, by Arnold Kling
Barry Eichengreen writes , Those root causes were an ideology of market fundamentalism and the policies flowing from it.
Categories: Mortgage Newswire
Mortgage Credit and the Housing Bubble
Adam J. Levitin and Susan M. Wachter write , the bubble was a supply-side phenomenon, attributable to an excess of mispriced mortgage finance: mortgage finance spreads declined and volume increased, even as risk increased, a confluence attributable only to an oversupply of mortgage finance.
Categories: Mortgage Newswire
Moinian's 1775 Broadway facing foreclosure
Joseph Moinian's 1775 Broadway , the 26-story office tower that once housed Newsweek magazine, has been hit with a foreclosure lawsuit by a unit of Deutsche Bank AG, according to Bloomberg news.
Categories: Mortgage Newswire