Advertising and publishing veteran Janelle Regotti was looking for a business to buy. The right opportunity presented itself in 2014 when she found Guide Publishing, a company that distributed a quarterly resource guide for Northeast Ohio seniors. The only catch: Regotti didn’t have the $500,000 asking price. With few physical assets to borrow against, she …
Housing market investors have pushed the share of flips, or properties sold twice in 12 months, to its highest level in a decade. Home flippers, who buy homes as a speculative bet on short-term price appreciation, accounted for 6.1 percent of U.S. home sales in 2016, according to Trulia, which defines a flip as a property …
Fannie Mae has agreed to backstop up to $1 billion in debt from the country’s largest owner of single-family rental homes, the first time the government-sponsored entity has agreed to guarantee the debt of an institutional owner of single-family houses. Blackstone Group LP’s Invitation Homes Inc. disclosed its agreement with Fannie on Monday in a …
Blackstone Wins Fannie’s Backing for Rental Home Debt Read More »
Richard Cordray, head of the Consumer Financial Protection Bureau (CFPB), used a private device for government communications, and didn’t create appropriate records of those messages with the bureau. A source told The Daily Caller that he submitted a Freedom of Information Act (FOIA) request in August 2016 for more than a year’s worth of text …
by G. Edward Griffin The system that allows political corruption is built on a belief that the proper function of the state is to re-distribute wealth and treat different groups and classes of citizens differently, supposedly for the greater good. The name for that belief is collectivism. It is what allows con artists to move …
by Gary North Donald Trump’s inaugural address is going to go down in history as one of the great ones. I say this as a man with 59 years of public speaking experience and a Ph.D. in American history. There have only been three inaugural addresses that have come down through the ages. The first …
Trump’s Inaugural Address Was Like No Other in History Read More »
The chief of Homeland Security has announced that his office will be taking over US elections. If you can’t see the coup in progress, you need to keep looking until the message comes through. Read carefully—ABC News reports. Comments are in brackets: “Citing increasingly sophisticated cyber bad actors and an election infrastructure that’s ‘vital to …
This is a coup: the Homeland Security takeover of US elections Read More »
Deanna White told a contractor she couldn’t afford the $42,200 loan he recommended for improvements to her house in Inglewood, Calif. The contractor, she recalled, said she wouldn’t be on the hook because the loan was part of a “government program.” She applied and was approved. Two years later, Ms. White is struggling to make …
The password for the PAPER SOURCE REGISTRY OF NOTE INVESTORS & SERVICERS has changed. The new password is in the most recent issue of THE PAPER SOURCE JOURNAL. Not only is the password new, but you’ll see that the Registry is in a brand-new, much more user-friendly format. All you do is select the type of note you want to sell and all …
The Registry Is New, And The Password Has Changed Read More »
Property developers are pouncing on sustained demand for stand-alone home rentals by taking a big step: Building entire single-family neighborhoods designed for renters. When the housing market crashed, investors took advantage by buying low-price homes in foreclosure in order to rent them out to tenants. That demand has proven brisk. The new rental communities look …
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