In the aftermath of the financial crisis, large private equity firms spent tens of billions of dollars buying foreclosed homes across the United States to operate them as rental properties. Now some of those same firms are providing loans to smaller investors seeking...
The Treasury Department is looking to wind down Fannie Mae and Freddie Mac, but without these organizations, there would be few buyers for 30-year fixed rate mortgages in the secondary markets. The 30-year mortgage was created during the Great Depression as part of...
If you have invested in multifamily housing, then it could be time to start renting out those units and stop building more – at least if you want the apartment “boom” to continue after 2015. CoStar Group economists are warning that at present, the apartment-building...
Atlanta, GA – The adage “youth is wasted on the young” doesn’t apply to today’s single, female Baby Boomers. In fact, 76 percent of single women over 55 feel younger than their age, according to new data from Del Webb, a national brand of PulteGroup, Inc., one...
Google researchers have created an algorithm that has a human-like ability to learn, marking a significant breakthrough in the field of artificial intelligence. In a paper published in Nature this week, the researchers demonstrated that the algorithm could master many...
More than a dozen students who say they got suckered into big student loans launched a debt strike last week and are refusing to make payments on their federal loans. It’s a good move, writes Astra Taylor in the New York Times, but it’s not nearly enough....
