When the going gets tough, the tough get going. - Knute Rockne
Mar 10
“It’s easier to blame the white landlord than to say you don't like black people,” Ploof said Thursday when informed of the complaints by a reporter. “My personal thought is people try to pick on the white landlord rather than make the issue that we don’t like the tenants.”
via Times Union.
Mar 10
He was the Don that blessed everything that happened for years. Without him these two dead ducks would not be the disaster they are today. And Barney Frank has no clue how our system works. He proved it several times on Friday.
via Seeking Alpha.
Mar 10
U.S. Department of Housing and Urban Development (HUD) ushered in monumental and mandatory changes to the Good Faith Estimate (GFE) and HUD-1 settlement statement (HUD-1).
via RISMedia.
Mar 10
the only way to get rid of a temptation is to yield to it. Resist it, and your soul grows sick with longing for the things it has forbidden to itself.–Oscar Wilde (1854 – 1900), The Picture of Dorian Gray, 1891
Mar 09
FOR decades, the federal government has subsidized housing — particularly owner-occupied housing. This has been especially true during the continuing financial crisis, with Fannie Mae, Freddie Mac and the Federal Housing Administration propping up the housing market by issuing guarantees for investors on most new mortgages.
via NYTimes.com.
Mar 09
The shadow inventory from all these sources would seem to be in the 9 – 10 million home range (adding up the above numbers). Extending this shadow to the end of 2012 accounts for about half of the current sales rate for homes over the three years.
via Seeking Alpha.
Mar 09
“[The buyer] coming up almost to asking price, but I can’t get the renter out,” sighed [the Broker]. She is holding her breath until April, when she will hear whether the tenants intend to exercise their option to extend the lease for another year.
via NYTimes.com.
