Thursday 5-3-12 Reads
Thursday, May 03
Short list this week. Still watching the REO to RENTAL Fiasco in the making. Federal Reserve Directive on REO to Rental. http://www.federalreserve.gov/newsevents/press/bcreg/bcreg20120405a1.pdf Banks fighting Banks. You can't make this stuff up. http://www.bloomberg.com/news/2012-05-01/abi...
Bank of America May Have KILLED Short Sale FLIPS
Wednesday, April 25
I ran across an article/analysis of "NEW SHORT SALE ADDENDUM'S" that Bank of America is requiring for all Short Sale Purchase Contracts. No signy, no gety the property. PERIOD. Freddie Mac has similar addendum's. It won't be long before all the TBTF's have similar documents. If we allow this, th...
Introducing the Our New Competition
Monday, April 16
I've been following the FHFA BULK REO program. Now, it seems one of the TBTF's, BoA has decided to let go of 500 foreclosures in 5 states. That doesn't sound like a large number but, it's the second offering in 5 months. Finally, we get some names of the firms that are bidding on the Fannie &am...
Weekend Reads 4/14/12
Friday, April 13
I should call this post the TECH reads but, there are some cool FREEBIES,Dogs,Cats and Baseball . Built-In Dog Beds? What about Cats? http://agbeat.com/design/interior-design-trend-built-in-dog-beds/ I like FREE stuff to try. If you read this one be sure to read the comment by a reader. htt...
Top 10 Industries with Highest Cost of Capital
Tuesday, April 10
Here Industries with the Highest cost of Capital: Note where Private Equity ranks. 1. Semiconductor Equipment 11.46% 2. Advertising Co. 11.42% 3. Furniture/Home Furnishings 10.98% 4. Retail/Hard Goods 10.84% 5. Public/Pri...
Wednesday 4/4/12 Reads
Wednesday, April 04
Back at posting related blog articles once a week. So, the fed will sell you debt instruments, loan you the money at super low rates to do so and you can pay back the loan wayyyyy down the road with debased dollars, WHAT A DEAL. http://www.moneynews.com/Headline/fed-debt-Treasury/2012/03/28/id...