Wednesday, March 12th, 2008
Archive for March, 2008
Tuesday, March 11th, 2008
“The Fed announced a new temporary lending program that will allow participants in the bond markets to swap the mortgage-backed securities that they can’t… Read the rest of this entry »
Monday, March 10th, 2008
Despite the abundance of negative buzz surrounding the real estate market, Kirk Leipzig decided to pursue foreclosures as investment properties.
He has found that decision to be a very good one.
“I just bought two brand new homes as REO from the bank,” said the Tennessee-based investor in December. “I am buying five more new homes next week from the bank. I am buying $750,000 homes for $450,000. Read the rest of this entry »
Friday, March 7th, 2008
NEW YORK (MarketWatch) — In the latest sign of mortgage-industry retrenchment by a major U.S. bank, Citigroup said Thursday it will reduce its mortgage assets by $45 billion over the next 12 months.
Tuesday, March 4th, 2008
The short is yes. However, “newbies” must be careful as to which investment groups they choose to join. Read the rest of this entry »
