banks
Real Estate Investing by Alan Noblitt | September 30, 2011 
Mortgage notes and the owner financing market have a relative purity that is difficult to match in the rest of the lending world. A mortgage note (a.k.a. real estate note or deed of trust note) is an arms-length transaction in which a party sells his or her property to a willing buyer on terms to [...]
Read the full article → Housing by Ryan Hinricher | January 17, 2011What happens when banks walk away from homes? Will 2011 break 2010′s record year for foreclosures? We’ll answer these questions and get an update on mortgage application activity, interest rates, and some final thoughts on the week. 2010: Record-Setting Year for Foreclosures RealtyTrac released its Year-End 2010 US Foreclosure Market Report. The numbers paint a [...]
Economy by Brian Brady | February 5, 2010If you know who Pete Seeger is, you’ll recognize that I’m about to pirate the song he sang about the cyclical nature of war. Hang in there. I promise I’ll tie this into real estate investing. Where have all the houses gone? Gone off balance sheet, every one. When will they ever learn? When will [...]
Mortgages & Lending by Brian Brady | January 29, 2010If you’re a real estate scavenger, who likes to buy foreclosure properties at a deep discount and “flip” them to retail home buyers, the FHA anti-flipping rule has always been a thorn in your side. Come Monday, February 1, 2010, HUD has agreed to suspend that prohibition for a period of 12 months. 123flip.com reports [...]
Mortgages & Lending by Peter Giardini | January 28, 2010I just got off the phone with the commercial lending VP at a small local bank. This bank just survived its first Office of Thrift Supervision audit since the financial meltdown. This audit took the better part of two months — all for a bank with less then $200 million in assets. As I mentioned, they [...]
Foreclosures by Peter Giardini | January 19, 2010 
Before I get started on this weeks commentary, I’d like to thank BiggerPockets member Richard Warren for posting the article, “Bank of America to release homes” on the BiggerPockets Bulletin. While the title is pretty straight forward, there is a great deal of information within, about what is happening throughout market. Several points that I believe [...]
Read the full article → Real Estate Investing by Winston Westbrook | January 11, 2010 
So over this past weekend I went to Target looking for the Monopoly board game. Target carries the game in a beautiful wooden box. This is exclusive only to Target along with all the other classic board games we grew up with. The box fits like a big dictionary in your library bookcase and looks [...]
Read the full article → Real Estate Tips by Winston Westbrook | December 23, 2009 
Here in Victorville USA, fall and winter temperatures can drop below the freezing point. Because of this, it is customary to Winterize an unoccupied house for sale throughout fall, winter, and parts of spring. Since the majority of all the sales in this area and yours are REO (bank owned properties), banks decide it’s in [...]
Read the full article → Commentary by Charles Feldman | December 1, 2009 
Ever notice that governments are so much better at sending in troops for war then sending in help for domestic problems…such as homeowners facing or being in foreclosure? The latest example, I think, is Afghanistan. The President has decided to deploy thousands of more troops (possibly 34,000 according to the Washington Post) to that hell-hole, [...]
Read the full article → Financing Real Estate by Peter Giardini | November 25, 2009 
Back in October of this year a BiggerPockets regular, Rich Weese, posted a web site that provided a graded scale of the overall health of every bank in the nation. While his post did not get a lot of response, the Bank Tracker Web site must be visited by everyone who is currently or hopes [...]
Read the full article → Commentary by Charles Feldman | February 20, 2009Let’s talk bank nationalization, folks. Why? because I think there is a pretty good chance it is coming soon–especially when talking about Citi and Bank of America–and, more important, THAT might have the biggest impact yet on solving (or helping to solve) the ever growing mortgage crisis that is still feeding the global credit meltdown. [...]
Commentary by Rob K. Blake | February 7, 2009There is a plethora of speculations buzzing around Wall Street with the central theme being Bank of America (NYSE: BAC) our nation’s largest bank…and biggest “cleaner upper” of the financial crises buying both Merrill Lynch and Countrywide Home Loans before they collapse…is going to get “taken over” by the government. Oh my God! The sky [...]
Cool Stuff by Joshua Dorkin | January 23, 2009Will the banks take up this new technique in dealing with foreclosed homes? Photo by: Colin McMillen
Commentary by Joshua Dorkin | January 19, 2009What is happening to free-markets? What is happening to private industry? Will every industry be nationalized? After Britain announced a second bank bailout today thanks to RBS (Royal Bank of Scotland) among other things; “RBS said its losses for the full year could be as much as 28 billion pounds ($41.3 billion), which would be [...]
Commentary by Charles Feldman | November 26, 2008It is actually getting hard keeping track of just how much money the government’s various bailout initiatives add up to. An Associated Press report says “total bailout commitments, loans and pledges of backing neared a staggering $7 trillion.” Of course, much of this is “money” that may never get spent, or will be returned to [...]
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Joshua Dorkin
Obama to Send Approximately an Additional 34,000 Troops to Afghanistan; Why Not Use Them to Fix Housing Instead?
by Charles Feldman | December 1, 2009Ever notice that governments are so much better at sending in troops for war then sending in help for domestic problems…such as homeowners facing or being in foreclosure? The latest example, I think, is Afghanistan. The President has decided to deploy thousands of more troops (possibly 34,000 according to the Washington Post) to that hell-hole, [...]