Category: Banks

Dwight Schar Dwight Schar’s Palm Beach Estate Zvi Barzilay David Mandarich By Mike Colpitts Editor As the U.S. struggles with the growing economic crisis, many of the nation’s largest homebuilders are battling to stay in business. All of the largest publicly traded building companies have seen their values drop on Wall Street. But many of… Continue reading Homebuilder CEOs Cashed Out before Crash

Editors Note: Housing Predictor originally published this article in October 2008. When it got dark on Wall Street, really, really dark the Bush Administration knew it had to act. But the attempts to save the U.S. economy by the Bush Administration were quickly seen for what they were, failures to rescue the ailing economy. Amid… Continue reading Bailout Tops $2 Trillion

The waiting line is already being formed of investors to buy up low-priced real estate and mortgage-backed securities cheap. Some 400 different funds are being developed ranging in size from $25 million up to multi billions of dollars, a Housing Predictor investigation has revealed. These investors are composed of investment companies, Real Estate Investment Trusts… Continue reading New Vulture Capitalists Forming Line

America is at a cross roads. The U.S. economy has suffered major damages as a result of the nation’s mortgage crisis. Housing prices have fallen in the majority of local markets from coast to coast at unprecedented speed. Financial markets have sustained huge swings in erratic fashion. The nation is in turmoil. As you consider… Continue reading Open Letter to U.S. Congress

By Cathy Salustri Three years ago it seemed anyone could get 100% financing on a half-million dollar home and lenders had a mortgage product for every situation. Today the lending pendulum has swung the other way and lenders are getting back to basics with more conventional mortgages. Lenders say they’re protecting their interests and keeping… Continue reading New World of Mortgage Lending