Doom, boom, doom went the drums in the deep. -JRR Tolkien, Lord of the Rings · Was Wamu Shot as a Hostage? [Interfuidity] · This Cannot Continue. The System is Eating it’s Young [ATC] · Bill O’Reilly Fries them All. And he is right [Gawker] · Blow by Blow Politics of Yesterday’s Breakdown [Politico] · Some Men Just Want to Watch the World Burn [Kedrosky] · McDonalds is Now a Better Risk than USA [Market Movers] · Game Theory: This thing may not work anyway [Econompic] (more…)
Minnesota Viking Matt Birk’s home is on the market for $3.995M. Image courtesy Star Tribune. · House Swapping is a Growing Trend [Strib] · Credit Crunch: Remodeling Gets Tougher [WCCO] · Brooklyn Park: Remodeling and Selling Foreclosures [WCCO] · Boutique Hotels Redefine Downtown [KARE] · Eden Prairie: Historic Barn Saved! [Strib] · Jessica Lange Home: Sold, $1.82M [wcco] · Commercial RE: Lending Limbo [TCBJ] · Bed Bugs (!!!) [Strib] · Viking Matt Birk’s Pad: 3.995 Million [Strib] · Ugly But Green: Meet the 5ive House [Strib] · Staging: All About That First Impression [Strib] · MN to Get $58 M (more…)
Point 6.2 has been released, Calyx Software announced. The new version is fully compliant with changes to loans insured by the Federal Housing Administration that take effect on Oct. 1. ATLOS LLC said that its new Web-based mortgage loan processing and document management system enables originators to operate on cloud computing — where all borrower data is stored online instead of on paper or in the user’s computer. Mortgage Cadence Inc.’s Finale document solutions has been integrated with Ibis Software’s Reverse Mortgage Originator, an announcement said. (more…)
An agreement has been reached on the Emergency Economic Stabilization Act of 2008, according to a analysis of the bill released by Congress. The bill would authorize the Troubled Asset Relief Program plan by the U.S. Treasury. Under the legislation, the Treasury can immediately purchase up to $250 billion in assets. With presidential certification, another $100 billion can be accessed. "The final $350 billion may be accessed if the president transmits a written report to Congress requesting such authority," a congressional analysis stated. A vote on the bill could occur as early as t (more…)
