4 Articles match "Company","New York","Sales"

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Don't Dump Investors
Miller    When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage of government interest and activity. See: From the New Deal, a Way Out of a Mess, The New York Times, Feb. Because when buyers look at recent home sales they do not distinguish between homes sold by owners and homes sold by investors, Don’t Dump Investors By Peter G. After all, its in our national interest to protect investors — unless, of course, theyre folks who merely bought a house or two.
www.realtytrac.com - Tuesday, February 3, 2009
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Long-Term Solution for Fannie and Freddie Dilemma
Share values have dropped more 90 percent, investors have lost more than $100 billion, and both companies were rescued by the federal government earlier this month, placed in a government conservatorship run by the newly created Federal Housing Finance Agency. If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression.
www.realtytrac.com - Tuesday, February 3, 2009
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New York Versus Freddie Mac: Round One
New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York. On one side is newly-passed state legislation which sets tough standards for subprime and “high cost” loans and on the other is Freddie Mac, which says it won’t buy such loans in the state after September 1st, the day the new law goes into effect. This is a big deal because if New York lenders can’t sell mortgages to buyers such as Freddie Mac, they simply won’t make such loans. You can guess what happens next:
www.realtytrac.com - Tuesday, February 3, 2009
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  • New York Versus Freddie Mac: Round One
    New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York. On one side is newly-passed state legislation which sets tough standards for subprime and “high cost” loans and on the other is Freddie Mac, which says it won’t buy such loans in the state after September 1st, the day the new law goes into effect. This is a big deal because if New York lenders can’t sell mortgages to buyers such as Freddie Mac, they simply won’t make such loans. You can guess what happens next:
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • Long-Term Solution for Fannie and Freddie Dilemma
    Share values have dropped more 90 percent, investors have lost more than $100 billion, and both companies were rescued by the federal government earlier this month, placed in a government conservatorship run by the newly created Federal Housing Finance Agency. If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • Foreclosure "Megatrends"
    Sales are down. In a presidential year, Uncle Sam and politicians nationwide are rushing to unveil new and bolder schemes to unravel the foreclosure crisis. As federal, state and local government weighs in of the rising foreclosure mess, look for new plans to halt the foreclosure train wreck. Return of the “Jingle Mail” Already, companies are positioning themselves to profit from the Foreclosures are rising. Home prices are falling.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Don't Dump Investors
    Miller    When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage of government interest and activity. See: From the New Deal, a Way Out of a Mess, The New York Times, Feb. Because when buyers look at recent home sales they do not distinguish between homes sold by owners and homes sold by investors, Don’t Dump Investors By Peter G. After all, its in our national interest to protect investors — unless, of course, theyre folks who merely bought a house or two.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE