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US Real Estate
Australian Lender Pepper Buys Spanish Loan Business of Celeris
By
Alina Popescu
| February 13, 2013
US Real Estate
Bank of America - Settlements - Distance from Wrongdoing
By
Phil Butler
| January 8, 2013
Yesterday the biggest settlement of the ongoing financial crisis was hammered out between bankers and loan buyers such as Fannie Mae. The civil settlements, to the tune of $19 billion forthcoming from the bankers, may signal the coming of the end for Federal regulatory probes.
US Real Estate
Widespread Employment Changes May Result In More Problems For Housing Industry
By
Donna S. Robinson
| November 16, 2012
The impact of widespread reductions in the working hours of employees in a large variety of industries would be highly likely to trigger more delinquencies and foreclosures for housing. In the past week and a half since the presidential election confirmed that the Affordable Care Act would be implemented, I've personally heard from local employees […]
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US Real Estate
Would Honesty, Education and Accountability Have Lessened Our Real Estate Market Woes?
By
Anita Cooper
| August 9, 2012
Whether or not you believe that housing has hit bottom, there are some things to be learned from the recent fiasco that was the housing market. Greed is an ugly business, a vice to be eradicated, especially in the markets.
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US Real Estate
Is Uncle Sam Helping The Housing Market, Or Merely Finishing It Off?
By
Donna S. Robinson
| May 29, 2012
According to the May 2012 Issue of FHA Watch, Uncle Sam is now a totally dominant force in home mortgage financing, along with other major sectors of the U.S. economy. But the question is, is this a help or a hindrance?
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US Real Estate
Banks Are Lending Money Again, But Not To Everyone Of Course...
By
Mike Wheatley
| October 19, 2011
What with the economy continuing to flounder, you might be surprised to learn that a rather unusual thing has happened. Banks have started lending more money again. According to the New York Times, banks have once again increased the flow of the borrowing tap, and loan growth, despite the fact it is still at a […]
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US Real Estate
Fannie Mae's Michael Williams: Clueless in San Diego
By
Phil Butler
| March 6, 2011
Fannie Mae President and CEO Michael J. Williams was at the University of San Diego at an annual discussion on the future of home lending. At the top of his agenda, the Obama Administration's plans to eliminate Fannie Mae altogether - but some side stepping was involved. However slippery Williams and other officials have become, it's clear lending may never be the same again.
Commercial Real Estate
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US Real Estate
Venture West's $7.8 Million Saves Cali Apartments
By
Tavis J. Hampton
| January 19, 2011
Venture West funding helps rescue 4 apartments out of economic hardship. With help from Greystone Servicing Inc., almost $8 million is secured for a private owner who needed emergency finance. The four complexes have almost 100 percent occupancy, and 7 and 10 year financing was needed to save this business.
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