Category: Market News

Fight continues against 20% downpayments

TALLAHASSEE, Fla. – July 7, 2011 – Florida Sen. Marco Rubio released a strong letter against proposed Qualified Residential Mortgage (QRM) and Qualified Mortgage (QM) rules, and sent it to major players in the discussion, including The Federal Reserve, The…

Risky commercial loans: the big cleanup

OVERLAND PARK, Kan. – July 6, 2011 – They are based far from Wall Street – Overland Park, Kan., Irving, Tex., Horsham, Pa. – and despite their expertise in commercial real estate, they drew little attention during the industry’s boom…

Foreign buyers help housing market

MIAMI – July 6, 2011 – Foreign buyers are helping to stoke home sales in U.S. vacation hot spots decimated by the real estate crash, especially in southern Florida. For the 12 months ending in March, 31 percent of Florida’s…