Brookline resident appointed MassHousing board chairman Nov 15, 2009
He is a past chairman of the National Bankers Association, and a former member of the Federal Reserve Board of Governors Consumer Advisory Council. He was the founding chairman of the American Bankers Association Center for Community Development, and the vice chairman and founding board member, with Harvard Business School professor Michael Porter, of the Initiative for a Competitive Inner City. (Brookline TAB, MA)
Investor Report: Commercial Investing 2010 Nov 13, 2009
Real Estate News and Advice. If you're a commercial property investor looking toward 2010, where are the most promising real estate markets in the U.S.. (RealtyTimes)
Investor Report: Investment Buying Tips Oct 23, 2009
Real Estate News and Advice. Foreclosures and bank REOs are pulling a new wave of novice investors into the market, some of whom "are just plain clueless, to put it bluntly," says Robert Cain, a long-time rental market and real estate management specialist based near Tucson, Arizona. (RealtyTimes)
Wall Street futures point to lower start; results due Oct 22, 2009
At 9 a.m. EDT, Federal Reserve's Consumer Advisory Council holds its final public meeting of 2009 to discuss proposed rules regarding closed-end mortgages and home-equity lines of credit; proposed rules to implement the Credit Card Accountability Responsibility and Disclosure Act of 2009; foreclosure issues; and committee reports. The Conference Board releases at 10 a.m. EDT its report on leading economic indicators for September. (Yahoo News -- Press Releases)
Washington Report: Tax Credit Oct 19, 2009
Real Estate News and Advice. Realtors, home builders and consumers hoping not just for an extension of the $8,000 tax credit, but an expansion to all buyers in 2010, shouldn't hold their breath. (RealtyTimes)
Washington Report: Fannie and Freddie Sep 9, 2009
Real Estate News and Advice. A major financial industry trade group got Washington's attention last week when it called for the total elimination of Fannie Mae and Freddie Mac -- the giant, money-losing home loan companies now under federal control. (RealtyTimes)
Short deadline looms for City Council race Jul 20, 2009
" The first spending report for candidates is due July 28. Meanwhile, there still are a handful of community forums scheduled between now and the voting deadline for candidates to get their names and positions out to the public. Newcomers, so far, have urged voters to buck the trend of business as usual and elect a fresh face, while past politicians have touted experience and an ability to step in immediately on the City Council. Although the Council already has passed the budget, members still... (Honolulu Star-Bulletin)
Investor Report: Energy Efficiency Jul 10, 2009
Real Estate News and Advice. For real estate investors buying houses at discount prices, it could be a hot new trend. (RealtyTimes)
Washington Report: Home Valuation Code of Conduct Jul 6, 2009
He is a past member of the Federal Reserve Board's Consumer Advisory Council, a committee that by federal statute reviews all Fed actions on home mortgage, consmer credit and banking industry regulation. He served as a member of the U.S. Department of Housing and Urban Development's Working Group on Computerized Loan Origination (CLO) systems, and is a member of the Editorial Board of the Fannie Mae Foundation's journal, Housing Policy Debate. (RealtyTimes)
Real Estate Outlook: A Turnaround May Be In Sight Apr 14, 2009
Real Estate News and Advice. Almost no one in the economic forecasting business wants to take the risk of announcin that it's now official. (RealtyTimes)
Subprime Study: Treatment of Minorities Equitable Apr 3, 2009
If you don t have information on two of the biggest areas of abuse, you have to wonder how definitive a report like this is, said Sarah Ludwig, co-director of the Neighborhood Economic Development Advocacy Project in New York and a former member of the Fed s Consumer Advisory Council. Source: Bloomberg (04/02/2009). (Realtor Magazine Online)
Real Estate Outlook: Rates and Applications Improve Mar 24, 2009
Real Estate News and Advice. We've all learned not to get too far out ahead of occasional spurts of good economic news, and not to assume too early that the long-awaited real estate turnaround has arrived. (RealtyTimes)