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How To Profit By Providing Hard Money Real Estate Loans

Thursday, March 17th, 2011

Real estate prices are low, but the lack of available financing is preventing people from taking advantage of them. This of course presents an opportunity for investors. By providing hard money loans, investors can make a healthy profit with low risk. See the following article from REIClub for more on this.

U.K. Bankers Shunned by Mortgage Lenders Turn to Private Banks

Thursday, March 17th, 2011

April 23 (Bloomberg) — Employees in London’s financial services industry are turning to private banks for luxury home loans as the biggest mortgage lenders are deterred by limits on cash bonuses.

Pending Sales of Existing Homes in U.S. Rose 5.3% in March

Wednesday, March 16th, 2011

More Americans signed contracts in March to buy previously owned homes before the expiration of a tax credit that helped support the housing market.

Paulson: Mortgage Players Must Keep ‘Skin In The Game’

Wednesday, March 16th, 2011

WASHINGTON (Dow Jones)–Former Treasury Secretary Henry Paulson said Thursday underwriters and originators of mortgage-backed securities should retain some “skin in the game” by keeping a portion of those securities.

Reports show declines in mortgage defaults

Wednesday, March 16th, 2011

Is the tide of home-loan defaults finally beginning to recede?

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