Real Estate News - Peoples Choice Home Loans LLC

2/5/2012 12:06 AM

[at New York Times] - Inspired by a personal experience, a businessman began delving into the practices of the mortgage industry, including Fannie Mae. His findings have been prescient...Read More

The Advantages and Risks of Gingrich’s Tax Strategy

2/4/2012 12:50 AM

[at New York Times] - Newt Gingrich set up his speaking and consulting business as an S corporation, which exempted this portion of his income from Medicare taxes, an unusual move for a business based on services...Read More

Doral Regains Compliance With NYSE Listing Standards

2/3/2012 3:46 PM

[Marketwire] - SAN JUAN, PR-- - Doral Financial Corporation , the holding company of Doral Bank, with operations in Puerto Rico and the U.S., today confirmed that it has regained compliance with the New York Stock Exchange, .....Read More

Freddie Mac to Redeem 1.28% Notes Due 2015

2/3/2012 2:18 PM

2/3/2012 12:54 PM

[New York Times] - Newt Gingrich set up his speaking and consulting business as an S corporation, which exempted this portion of his income from Medicare taxes, an unusual move for a business based on services...Read More

Hercules Technology upgraded to Buy from Hold at Stifel Nicolaus

2/3/2012 6:39 AM

2/3/2012 6:26 AM

2/2/2012 4:55 PM

[Business Wire] - CIT Group Inc. , a leading provider of financing to small businesses and middle market companies, today announced the pricing of a private placement of $3.25 billion aggregate principal amount of Series C Second-Priority Secured Notes, consisting of $1.5 billion principal amount due 2015 and $1.75 billion principal amount due 2019...Read More

Current Mortgage News:

Finally, a foreclosure settlement (Maybe)

2/3/2012 4:21 AM

States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value....Read More

Home repairs: Which jobs come first?

2/3/2012 4:27 AM

Lean times call for budgetary triage. But while you should clearly opt for orthodontics before Disneyland, the choice is tougher when it comes to home maintenance....Read More

Mortgage rates hit another new low

2/2/2012 12:40 PM

Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record....Read More

Obama proposes new home loan refinancing plan

2/1/2012 1:28 PM

The Obama administration on Wednesday detailed its latest plan to help millions of homeowners refinance their mortgages to today's historically-low rates....Read More

Top 10 turnaround towns

1/31/2012 7:02 PM

Florida's cities were some of the hardest hit by the housing bust, but now they are leading the charge back. Of Realtor.com's top 10 turnaround towns, eight are in the Sunshine State....Read More

Don't rush into REITs

2/1/2012 9:15 AM

You'd think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven't grown at all in four years. And given the possibility that the global economy may retrench yet again, things could still get w...Read More

REITs to avoid

2/1/2012 9:18 AM

Investors are racing into REITs that promise higher yields than equity REITs. But be forewarned, the higher yields of these other types of real estate vehicles come with very real risks....Read More

Housing: The one bailout America could really use

1/17/2012 6:20 PM

Laurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bibl...Read More

Become your kid's mortgage lender

2/1/2012 4:40 AM

Between slumping prices and low mortgage rates, it's a good time to look for real estate bargains. But thanks to tightened lending standards, legions of young would-be homebuyers aren't exactly in a position to take advantage of the opportunity. That's where their parents come in: One in three first-time buyers received either a gift or a loan from...Read More

Home prices post steep decline

1/31/2012 4:26 PM

Home prices posted a steep, month-over-month drop in November, falling 1.3%, according to the latest S&P/Case-Shiller 20-city report. Prices fell in 19 of the 20 cities the index covers....Read More