Tag Archives: Banking & Lending

Pending home sales decrease in August, marking 8-month decline

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Pending home sales dropped 2.3 percent in August — the eighth consecutive month of annualized declines, according to the National Association of Realtors. Continue reading →

Real estate guru who defrauded investors to bankroll slasher flick and fleet of Ferraris found guilty

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Following three days of deliberation, Koerber, who at one time held $7,000 real estate seminars, was found guilty on 15 counts of fraud. Continue reading →

Anxiety still lingers 10 years after historic financial crisis

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A decade ago, the housing market collapsed and Wall Street sputtered. It was the beginning of a decade of deep anxiety that still lingers today. Continue reading →

4 alternative housing finance structures that could work

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A Congressional Budget Office report says over the next 10 years, it will cost Uncle Sam $19 billion to cover the cost of some $12 trillion in mortgage-backed securities Fannie and Freddie are expected to create. Continue reading →

Lessons from the epic economic meltdown, 10 years later

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This month is the 10-year anniversary of the global economic collapse. Lehman Brothers filed for bankruptcy on Sept. 15, 2008 and the world changed forever. Continue reading →

Everything a first-time homebuyer needs to know to seal the deal

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Affordability is at an all-time low for starter homes, making things tough for prospective first time home buyers to cross over from renting to owning. Continue reading →

Daily interest: A festering sore in consumer loan markets

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What do home mortgage loans have in common with every other type of consumer loan? They all incur a monthly or daily interest charge. Here are several important things you and your clients need to know about these interest charges. Continue reading →