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Fannie Mae lending program easesbuyers and #8217; paths to foreclosed houses Sunday, September 5, 2010 @ 1:02AMBy KENNETH R. HARNEY WASHINGTON POST WASHINGTON — For buyers who fit the profile — typically with little cash on hand or looking for a small-scale investment deal on a foreclosed house — a little-publicized national lending program could be just the ticket. Here’s what it offers: • Minimal down payments — 3 percent for buyers who plan to live in the house, 10 percent for investors. Most of the ...
Condo sales in Fresno surge Sunday, September 5, 2010 @ 12:45AMEven as home sales and prices have languished in the Fresno area, one sector of the real estate market has become an unexpected bright spot -- condos.
Short sales can be great deals, nightmarish ordeals Sunday, September 5, 2010 @ 12:40AMA phenomenon that reappears like clockwork when real estate sours, short sales now make up almost one in four home sales across ailing segments of the Sacramento market.
Sunday Buzz: Meridian founder Darren Berg to get paid to unravel finances Sunday, September 5, 2010 @ 12:11AMMeridian Group founder Darren Berg will be paid $70,000 to help unravel what happened to more than $200 million he raised for nine Meridian Mortgage funds in bankruptcy.
Partners for Payment Relief Launches Offering - cbl Monday, August 30, 2010 @ 3:52PMBy citybizlist StaffMEDIA, Pa. -- According to an SEC filing, Partners for Payment Relief DE III, LL...
Former Boscov's stores head to auction Monday, August 30, 2010 @ 3:38PMSept. 13 sale date set for Baltimore-area properties Three mall storefronts that have remained vacant since Boscov's department store exited the Baltimore market under a cloud of bankruptcy nearly two years ago are headed to the auction block next month.
Ballantyne Village sale set for Thursday Monday, August 30, 2010 @ 3:16PMBallantyne Village, the upscale s
Rangel assailed, but unfazed Monday, August 30, 2010 @ 3:11PMThere were rumors that Congressman Charles Rangel was not going to participate in the debate with candidates seeking to unseat him, but like so much hearsay surrounding the embattled representative, this was false. Not only did he appear at Convent Baptist Church Monday evening, he sat to the very end, often enduring withering attacks from his opponents.
Business : Dubai’s residential stock to reach 320,000 by 2011 Monday, August 30, 2010 @ 2:33PMDUBAI — Dubai’s total residential stock to reach 320,000 by the end of next year comprising of a major share of high quality units, a research report revealed.
Where to Find Shelter if Deflation Takes Hold Monday, August 30, 2010 @ 11:48AMAmid growing worries about deflation, some analysts recommend investors buy bonds. But interest rates on all kinds of bonds are at such skimpy levels that fixed income may not be the place to be.
7 Reasons Not to Worry This Week Monday, August 30, 2010 @ 10:31AMNot every company will be posting lower earnings this week.
'A great time' to buy: 6,000 South Florida homes on sale for $50,000 or less Monday, August 30, 2010 @ 8:20AM'A great time' to buy: 6,000 South Florida homes on sale for $50,000 or less
REIT Segments Boast Weekly Outperformance, High-Yields Monday, August 30, 2010 @ 8:00AMDespite the market recovering some losses with Friday's rally, benchmarks remained in negative territory for the week.
Worried About Fixed Income Bubbles? Try a Dividend ETF Friday, August 27, 2010 @ 5:46PMIf the recession double dips, will inflation be a problem?
Zacks Analyst Blog Highlights: JPMorgan Chase, Bank of America, Wells Fargo, Citigroup and USB Bancorp Friday, August 27, 2010 @ 4:06PMCHICAGO--(BUSINESS WIRE)--Zacks.com Analyst Blog features: JPMorgan Chase & Co. (NYSE: JPM), Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), Citigroup Inc. (NYSE: C) and USB Bancorp (NYSE: USB). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579 Here are highlights from ...
Zacks Analyst Blog Highlights: JPMorgan Chase, Bank of America, Wells Fargo, Citigroup and USB Bancorp Friday, August 27, 2010 @ 4:00PMCHICAGO----Zacks.com Analyst Blog features: JPMorgan Chase & Co. , Bank of America Corp. , Wells Fargo & Co. , Citigroup Inc. and USB Bancorp .
Jay Hancock's Blog: Fannie, Freddie did not cause housing crisis Friday, August 27, 2010 @ 11:23AMThis is an old theme, but it bears repeating when new information is presented. The right keeps blaring that liberals caused the housing bubble by showering money upon poor people through Fannie Mae and Freddie Mac. (And through other channels via CRA requirements, as commenters have noted.
Medtronic Reports First Quarter Earnings Tuesday, August 24, 2010 @ 6:22AMMINNEAPOLIS--(BUSINESS WIRE)--Medtronic, Inc. (NYSE:MDT) today announced financial results for its first quarter of fiscal year 2011, which ended July 30, 2010. The company reported worldwide first quarter revenue of $3.773 billion, compared to the $3.933 billion reported in the first quarter of fiscal year 2010, a decrease of 4 percent as reported or an increase of 2 percent after adjusting for ...
Medtronic Reports First Quarter Earnings Tuesday, August 24, 2010 @ 6:15AMMINNEAPOLIS----Medtronic, Inc. today announced financial results for its first quarter of fiscal year 2011, which ended July 30, 2010.
Miles to go ... Tuesday, August 24, 2010 @ 5:30AMStaff Writer Economic recovery across the board is slow and those in real estate, the banking industry and investments agree we have to wait it out to see if things get better.
MPI confesses that Vietnam FDI disbursements are probably overstated Tuesday, August 24, 2010 @ 5:04AMVietNamNet Bridge – This year, not only has the amount of new foreign direct investment (FDI) decreased, but also disbursements for approved projects have slowed. The Ministry of Planning and Investment (MPI) is working with provinces to speed things up.
Plan would put houses on defunct Woodbury Country Club Tuesday, August 24, 2010 @ 12:18AMAbout 125 single-family houses could replace greens and fairways at the shuttered Woodbury Country Club if a proposed development earns city approvals.
Hong Kong stocks seen lower on growth fears Monday, August 23, 2010 @ 8:55PMHong Kong stocks seen lower on growth fears
Plans to tear down, rebuild Pinnacle Peak Patio at resort fizzle Monday, August 23, 2010 @ 7:39PMPlans to tear down Pinnacle Peak Patio steakhouse and build a modern version of it in a new resort are stalled.
Stocks slumped to weak finish Monday, August 23, 2010 @ 4:25PMStocks slumped to a weak finish as lingering worries about the economy overcame optimism from a fresh round of corporate deal making.
C.P. CHANDRASEKHAR JAYATI GHOSH Monday, August 23, 2010 @ 1:33PMHousing finance provided by scheduled commercial banks has risen at a scorching pace over the last decade, making housing loans an important component of total bank credit.
Asheville area foreclosures at record levels Monday, August 23, 2010 @ 1:28PMMirroring a statewide trend, home foreclosures have soared to record levels in the mountains, particularly in Buncombe County.
Kitco News Friday, August 20, 2010 @ 9:14AM(Kitco News) -- Equities may be the key to the direction in gold over the next several months, traders say. With the economy still sputtering, stocks could have trouble making substantial headway. If so, investors could keep turning to gold for a place to park their money.
Harvard Heavy on International ETFs Friday, August 20, 2010 @ 8:00AMThough the Harvard Endowment includes major investments in alternative assets like real estate, investors can get a sense of Harvard's strategy by looking at its U.S.-listed, equity holdings.
Double dose of tragedy Friday, August 20, 2010 @ 4:10AMIn one nightmarish month, Sharla Flores lost her husband to murder and her family home to foreclosure.
Real Estate Professionals Offer Their Expertise Handling Underwater Mortgages - New e-book is a Fraction of the Cost ... Friday, August 20, 2010 @ 2:00AMReal estate professionals Bud and Kristin Gragg are offering their real estate expertise to underwater homeowners with their newly released e-book. Not only does the couple have specific training and experience in the real estate field, they are also real estate investors – and underwater homeowners – themselves.
Local landlords find it's not easy to evict drug dealers Friday, August 20, 2010 @ 12:13AMNo landlord wants a drug user or dealer as a tenant, apartment owners said yesterday, but they do not have the tools needed to remove law breakers on their own without evidence or a conviction.
Israel's Ambassador to Bulgaria Noah Gal Gendler: Israelis Feel the Positive Attitude of the Bulgarian People Thursday, August 19, 2010 @ 9:56PMAmbassador Noah Gal Gendler was approached by Novinite.com over the recent visit of Israeli President Shimon Peres to Bulgaria, during which he declared that direct Israeli-Palestinian negotiations could be expected shortly, and described Bulgaria as “the most suitable” place to hold such talks.
Housing Can Find a Home Without Fannie, Freddie: Caroline Baum Thursday, August 19, 2010 @ 9:04PMYou are President Barack Obama, and your Summer of Recovery is looking like most lawns in the Northeast.
Investment club gets stock market tips at library talk Thursday, August 19, 2010 @ 12:39AMAn insider shares his view of the current market
General Motors, Innkeepers, QMG, Brisam Covina, Mexicana: Bankruptcy Thursday, August 19, 2010 @ 12:29AMGeneral Motors Co. filed for an initial share offering that will mark the return of what was once the world’s largest automaker to public markets a year after it was bailed out by the government.
Candidates Present Their Pitches Wednesday, August 18, 2010 @ 11:25PMBARTOW | Todd Dantzler has run a business most of his adult life.
Protecting Your Cash, Part II Wednesday, August 18, 2010 @ 9:09PMAn Interview with Doug Casey from Cafayate, Argentina - Interviewer: Concerning the risk of foreign exchange controls here in the US, do you think people will have any warning at all? Doug: I think it's going to come out of left field. It always does, with at most an official denial just before it happens.
Stocks find a small bounce Wednesday, August 18, 2010 @ 3:51PMStocks find a small bounce The Associated Press Updated Aug 18, 2010 02:49PM MDT Stocks rose moderately Wednesday as investors found some positive news in the day’s retail earnings reports. The Dow Jones industrial average seesawed through the day, but was up 44 in mid-afternoon. All the other major indexes also rose. Interest rates fell again in the Treasury market as investors kept seeking out ...
Pent-Up Capital Generates ‘Ferocious’ Competition for Core, Distressed Shopping Centers Wednesday, August 18, 2010 @ 3:42PMWhile still a far cry from the avalanche some predicted would hit the market a year ago, distressed shopping malls and strip centers have contributed to a marked increase in retail sale activity this year. At the same time, a rush by institutional investors...
PAB Bankshares, Inc. Announces Withdrawal of Common Stock Offering Wednesday, August 18, 2010 @ 3:12PMVALDOSTA, Ga. -- PAB Bankshares, Inc. , the parent company for The Park Avenue Bank, today announced that it has withdrawn its registration statement to sell approximately $80 million of its common stock due to changing market conditions.
Ian's Insights: Lies, Manipulation and Deception - All for Naught Wednesday, August 18, 2010 @ 1:30PMI’m just saying, there’s hanky panky going on in the stock market, which, I think, is being propped up by the people responsible for the American economy. This is being done to reassure American investors, and there are lots of them, that at least, that measure of their wealth is not being eroded.
'Vultures' Save Troubled Homeowners Wednesday, August 18, 2010 @ 10:39AMAs the nation struggles with the foreclosure crisis, certain investment funds are emerging as the best hope for the roughly seven million U.S. households behind on their mortgage payments.
Earnings Going Cheap In Real Estate Development Stocks Wednesday, August 18, 2010 @ 10:25AMA hazy outlook for the global economy, particularly in the domestic housing sector, has held most real estate development stocks in the red over the last three months, and earnings are now coming cheap relative to share values.
How the foreclosure process works Sunday, August 15, 2010 @ 2:09AMQuestion: Would you please write an article on real estate foreclosure, what happens to lead up to it and also what happens during the process? There are so many foreclosures recently, it might be of interest to the general public.
International Forecaster August 2010 (#4) - Gold, Silver, Economy + More Saturday, August 14, 2010 @ 3:30PMThe following are some snippets from the most recent issue of the International Forecaster. For the full 43 page issue, please see subscription information below.
In Hindsight: Our cast: Hurd, Andreessen, Ellison, Chambers Saturday, August 14, 2010 @ 2:28PMOracle CEO Larry Ellison defends his friend Mark Hurd; the woman who accused HP's former CEO of sexual harassment said she was 'surprised and saddened' he lost his job. Plus: Cisco's CEO warns of 'unusual uncertainty.' Oracle sues Google. Skype files for an IPO.
Mortgages: How to Pay Less Friday, August 13, 2010 @ 4:11PMA wave of consolidation is forcing smaller banks to offer better terms than ever.
New Home Feed Adoption Rate Ahead of Projections Friday, August 13, 2010 @ 2:37PMAlexandria Grote Phillips, CFO of Graphic Language, the agency powering New Home Feed, announced today that adoption of New Home Feed has outpaced projections. In presenting the new revenue numbers to the agencys shareholders, Phillips announced the additional revenue would be used to enhance existing marketing efforts by increasing the spend with targeted publications and websites popular with ...
John Roughan: Property gloom is good news Friday, August 13, 2010 @ 1:21PMThree months have passed since John Key chickened out of taxing capital gains and as luck would have it, we are making progress.Monday's New Zealand Herald brought news that house prices remain static, sales are down, gloom...