Jun
23
Protected: Real Estate Graduate Call 6-23-08
There is no excerpt because this is a protected post.
Jun
23
GREED HAS RUN AMOK IN MORTGAGE INDUSTRY
NATIONAL REAL ESTATE INVESTOR – Jun 1, 2008 12:00 PM – By Anthony Downs Financial firms are strongly resisting any attempts to impose greater regulation on their activities, according to various media accounts. By taking this position, the finance industry gives the impression that its members do not live on Planet Earth. Despite the allegiance of most Americans to a free market economy, the vast majority believes that unregulated behavior in the mortgage business was extremely harmful to the nation and should not continue. In an atmosphere where the greed […]
Jun
23
COMMERCIAL REAL ESTATE FUNDAMENTALS STRONG
Commercial Real Estate Fundamentals Strong By Brian Patton The bad news of the residential market over the last few months begs the question of what will happen to the commercial real estate market in the coming year. In order to gauge investors’ expectations for 2008 in this market segment, a group of leading research companies recently surveyed more than 1,000 developers and investors. The survey group included 92 institutional investors with an average of 19 years experience and an average real estate portfolio of $36.6 million. Among the findings is […]
Jun
23
CREDIT STANDARDS TIGHTEN
Credit Standards Tighten Weak economy, lack of competition drive Fannie Mae to adjust underwriting in first half. By Jerry Ascierto APARTMENT FINANCE TODAY • June 2008 Fannie Mae is processing deals hand over fist this year even as it makes significant adjustments to its credit standards. In early April, Fannie Mae moved to a standard 1.25x debt-service coverage ratio (DSCR) and down to 1.20x in strong markets such as New York, Los Angeles, and Seattle. Last year, Fannie Mae had lowered that threshold to a standard 1.20x and down to […]