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How to Pull Off a Massive Infrastructure Loan in 16 Easy Steps | PublicCEO

How to Pull Off a Massive Infrastructure Loan in 16 Easy Steps | PublicCEO | Finance | Scoop.it
To finance a $120 million infrastructure loan, the city plans to lease 16 properties to a group called Public Facilities Financing Authority of the City of San Diego, including a fire communications center building. By Liam Dillon. The city of San Diego wants to use a common, but convoluted financing mechanism to repair its roads ...
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QE3 Three Things Fed Did Today It's Never Done Before

QE3  Three Things Fed Did Today It's Never Done Before | Finance | Scoop.it
Not only has the Fed never done this in the past, but no other central bank has launched a quantitative easing program with such an explicit link to jobs.
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7 Million American Workers In Despair

7 Million American Workers In Despair | Finance | Scoop.it
You might have heard that unemployment fell in August only because armies of the unemployed are despairing of finding work. The reality is more complicated -- but true enough that somebody should do something about it.
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U.S. cities struggle with blighted bank-owned homes

U.S. cities struggle with blighted bank-owned homes | Finance | Scoop.it
LOS ANGELES (Reuters) - The smell of rotting food and decay inside 10956 South Wilmington Avenue, Los Angeles, was overwhelming.
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Fannie Mae participates in California cramdown program

Fannie Mae participates in California cramdown program | Finance | Scoop.it

"Fannie Mae and Freddie Mac (collectively Frannie) will soon participate in California’sPrincipal Reduction Program (PRP)."

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How to facilitate a shortsale transaction

How to facilitate a shortsale transaction | Finance | Scoop.it

"This shortsale article series describes the short selling process as an alternative to foreclosure, and details how to qualify a negative-equity homeowner for a short payoff, set the sales price at the broker price opinion (BPO) and submit a purchase agreement to the lender’s loss mitigation officer for appraisal and closing conditions."

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Housing Starts Surge 2.6% While Permits Show 7% Decline

Housing Starts Surge 2.6% While Permits Show 7% Decline | Finance | Scoop.it
Housing starts rose more than expected in April, according to a report that offered signs of a nascent housing recovery, even though permits for future building fell.
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Mississippi Couple Rehabs Wrong Foreclosed House

Mississippi Couple Rehabs Wrong Foreclosed House | Finance | Scoop.it
Terry Jordan and her husband, of Senatobia, Miss., thought they had found the  perfect fixer-upper, complete with a dining room and barn.
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JP Morgan's Loss Signals It's Time for Regulators to Put the Hammer Down

JP Morgan's Loss Signals It's Time for Regulators to Put the Hammer Down | Finance | Scoop.it
These circumstances take on a fantasy-world quality in that many of us continue to believe the bankers are so scary smart about our markets and economy. What it really demonstrates is what chumps we sometimes have become.
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Bank of America Offers Principal Reductions to 200,000 Homeowners

Bank of America Offers Principal Reductions to 200,000 Homeowners | Finance | Scoop.it
A select group of struggling mortgage borrowers are about to get an offer that sounds too good to be true. Executives at Bank of America admit that, as they begin mailing 200,000 letters offering certain customers mortgage principal reduction.
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This game teaches players to make microcredit loans to the poor (exclusive) - VentureBeat

This game teaches players to make microcredit loans to the poor (exclusive) - VentureBeat | Finance | Scoop.it
This game teaches players to make microcredit loans to the poor (exclusive)
VentureBeat
Micmali is running with the idea of saving the world through video games.
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Student Loans . Be sure to check paperwork.

Student Loans . Be sure to check paperwork. | Finance | Scoop.it
A warning to parents and students who take out loans to cover college costs: Sometimes, there are glitches.
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California OKs funding for high-speed rail line - CBS News

California OKs funding for high-speed rail line - CBS News | Finance | Scoop.it

California lawmakers approved billions of dollars Friday in construction financing for the initial segment of the nation's first dedicated high-speed rail line connecting Los Angeles and San Francisco.

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US Bond Yields at Record Low—And May Keep Falling

US Bond Yields at Record Low—And May Keep Falling | Finance | Scoop.it
U.S. bond yields are likely to stay at record lows—and could move even lower—until Europe convinces markets it has a grip on the potential contagion threatening the banking system.
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Best cities for real estate deals - Yahoo! Real Estate

Best cities for real estate deals - Yahoo! Real Estate | Finance | Scoop.it
Yahoo! Real Estate - Best cities for real estate deals. Find Real Estate including homes for sale, new houses, rentals, foreclosure properties as well as mortgage calculators and rates on Yahoo! Real Estate.
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Trump: Dimon Will Survive, Lending Will Get Worse

Trump: Dimon Will Survive, Lending Will Get Worse | Finance | Scoop.it
Banks are only lending money to those who don't need it, a trend that likely will be exacerbated by the recent JPMorgan Chase big trading loss, real estate magnate Donald Trump said.
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The Case Against Predatory Lending

The Case Against Predatory Lending | Finance | Scoop.it
This case in point explores the doctrine of unconscionability, a judicially created shield against predatory lending, as viewed through the recent case decision, Lona v. Citibank.
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Fannie Mae Survey: 'Rising Optimism For The Housing Market'

Fannie Mae Survey: 'Rising Optimism For The Housing Market' | Finance | Scoop.it

"According to the results of Fannie Mae's April 2012 National Housing Survey, Americans' attitudes about homeownership, the economy and personal finances "continue to move incrementally in a positive direction." "

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Fannie Mae and Freddie Mac to Streamline Short Sales

Fannie Mae and Freddie Mac to Streamline Short Sales to Help Borrowers and Communities      New Timelines Take Effect in June

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