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“In the latest of many examples of the fraud that has infested the presidents stimulus plan is $1 million in spending cash for incarcerated murderers and rapists and a $15 million infusion for a seldom-used checkpoint in a remote Great Plains town with influential politicians. “
Merrill Lynch, Deutsche Bank Defer IPO Fees for REITs
“Bank of America Corp., Deutsche Bank AG and Credit Suisse Group AG are deferring underwriting fees for initial public offerings by mortgage-investment companies after buyers balked at the deals.”
“The hypocrisy of the media in giving a permanent platform for the same 95% of the professionals who got the biggest call in 75 years wrong is mind boggling. And then you have the nerve to elevate them to a status of honored observers once again when it was their blindness that was the cause of this mess in the first place.”
California property values fall for the first time in 76 years
” Tax officials reported Tuesday that total statewide property values fell by 2.4% in the latest fiscal year, the first such drop since California began keeping records 76 years ago in the depths of the Great Depression.”
“And there’s zero bold action and even less out of the box thinking involved in the life and times of Ben B. How nonsensical would you like it today? Ben Bernanke is nothing but an accountant who lacks any kind of vision and insight. Which suits the people who seated him on his throne just fine.”
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Nearly 50 Percent of U.S. Homeowners with a Mortgage will be Underwater in 2011 According to Deutsche Bank's research, nearly 50 percent of American homeowners with a mortgage will be underwater by 2011. Pretty scary stuff considering 66% of American's (or 51.6 million people) have a mortgage on their home. And you would think we would have this problem solved considering the stock market...... - How I Started Investing In Real Estate src="http://pagead2.googlesyndication.com/pagead/show_ads.js"> In September 2000 i caught the flu and while I was probably well enough to go to work, I decided to take a week off and relax. I spent a whole week sitting in Barnes and Nobles reading all sorts of business and investing books. That week I......
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The Mortgage Crisis and Investments in Real Estate According to regional and state real estate analysts, the factors which previously fueled the housing boom of the last few years are easy to explain. The factors that fueled this boom in the real instate industry ranged significantly, including: - Interest rates that were historically low. - Flight-Risk Safety Investments...... -
Passive Income—The Goldmine of Commercial Real Estate Investing [/caption] Passive income is the money generated from real estate or business transactions in which the investor is not actively involved. There are several ways to generate passive income from investments in commercial real estate. To understand the value of passive income, it is important to understand how income is...... -
Commercial Real Estate Definitions #2: What in the World is GRM? Greetings from the handmade wig capital of the world.....Cedar Crest, NM! The Christmas season is over and I have added to my layer of fat in preparation for the lean times ahead of me (us). Yes....you may think I unintentionally overate like the rest of the U.S. population....but my......
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