Banks Back Out on Mortgage-Settlement Loan Mods

The Bryan Ellis Investing Letter – When lenders started to “talk turkey” to state attorneys general about their egregious foreclosure practices and lousy loan modification procedures, many homeowners thought that their troubles were over. After all, when the...

Most Expensive Home In Houston is Listed on Market

Business Insider – This is the most expensive house ever listed for sale in Houston and is listed on the market for $43 million. The Wall Street Journal’s Candace Taylor reports that it is owned by Wilbur Bosarge Jr., cofounder of the high-frequency...

App Lets Renters Pay Landlords By Credit Card

Business Insider – If you’re a renter whose landlord insists on a paper check in the age of credit cards, auto-pay, and mobile payments, you aren’t alone. In fact, your dilemma is so common that RadPad, an app that lets users browse real estate...

Divide Between Homeowners and Renters

For homeowners in Southern California, the housing recovery has been pretty kind. For renters, not so much. New figures highlight the growing gap between owners and renters in the Southland: Many homeowners are capitalizing on low interest rates to push down their...

Profit From Renting Out Single-Family Homes

WSJ – Two-and-a-half years into the U.S. housing recovery, the real-estate industry is rolling out new ways for individuals to invest in the property market. Brokers, property managers and others are helping buyers purchase houses in distant cities and manage...

Harvard Business School Is Bad for America

(NEWSER) – Decades ago, American CEOs were more like “corporate statesmen,” writes Robert Reich at Salon. They looked after their shareholders, of course, but they balanced those interests with those of their workers, their communities, and their nation....
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