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Proposal could affect student loans at for-profit schools
A proposed rule change that would require for-profit career colleges to show that they are preparing students for "gainful employment" could make things difficult for some schools in Alabama and the students they serve.
http://www.montgomeryad...
Best of the blogs
Leawood firm buys real estate loans Mariner Real Estate Management has purchased about $760 million in real estate loans from the Federal Deposit Insurance Corp. The Leawood real estate investment firm, which is part of Mariner Holdings, said the purchase consists of about 1,100 residential and commercial acquisition and development loans in 24 states involving 20 banks.
http://www.kansascity.c...
Walter Investment Management Corp. Completes $6.3 Million Purchase of Pool of Residential Loans
Walter Investment Management Corp. today announced it has completed the purchase of a pool of residential first lien mortgage loans utilizing $6.3 million of proceeds from its equity offering. Â This transaction completes the purchase of $20 million of loans previously disclosed as being under letters of intent. Â The pool generally consists of performing, fixed and adjustable rate mortgages ...
http://biz.yahoo.com/pr...
Foreign direct investments vs domestic investments
THE domestic debate on whether a country should focus on foreign direct investments (FDIs) or direct domestic investments (DDIs) is gaining traction as Malaysia moves towards increasing private investment under the 10th Malaysia Plan. Questions are being raised on the impact and contribution of FDIs versus domestic investments on the economy. Before I go any further, some definitions are in ...
http://www.btimes.com.m...
Foreign direct investments vs domestic investments
THE domestic debate on whether a country should focus on foreign direct investments (FDIs) or direct domestic investments (DDIs) is gaining traction as Malaysia moves towards increasing private investment under the 10th Malaysia Plan. Questions are being raised on the impact and contribution of FDIs versus domestic investments on the economy.
http://www.btimes.com.m...
ITT faces criticism over recruiting, loans, job placement
ITT Educational Services, the new owner of Daniel Webster College, is one of 30 higher education institutions nationwide under scrutiny by a U.S. Senate committee as the Department of Education considers stricter regulation of for-profit colleges. The rapidly growing for-profit college industry has faced criticism in recent months over questionable recruiting tactics, high student loan default ...
http://www.nashuatelegr...
$40m VC cheque hard to bank
A Government attempt to create a brighter future for innovative young firms by underwriting $40 million of venture capital investment could turn out to be a "blank" after the New Zealand Super Fund turned its back on the sector.
http://www.stuff.co.nz/...
Fannie Mae lending program easesbuyers and #8217; paths to foreclosed houses
By KENNETH R. HARNEY WASHINGTON POST WASHINGTON — For buyers who fit the profile — typically with little cash on hand or looking for a small-scale investment deal on a foreclosed house — a little-publicized national lending program could be just the ticket. Here’s what it offers: • Minimal down payments — 3 percent for buyers who plan to live in the house, 10 percent for investors. Most of the ...
http://www.toledoblade....
Thinking Outside the Stocks
The stock market may be slumping, but other investments, from student housing to parking lots, are surging. Here's how to play them.
http://biz.yahoo.com/wa...
Explain questionable loans, PSE says to Globe Asiatique
MANILA, Philippines (UPDATE) - The Philippine Stock Exchange (PSE) wants property developer Globe Asiatique Realty Holdings Corp. to explain reported questionable housing loans it made through its underwriter, BDO Capital and Investment Corporation.
http://www.abs-cbnnews....
At least we can now identify the next scam
What just happened? At the time, all we knew was the world economy was about to disappear down the toilet. Now, in books and movies, people are beginning to make sense of the credit crunch, the past few years of financial turmoil. And as the fog of confusion clears, here comes the anger. Because what happened seems pretty outrageous.
http://www.stuff.co.nz/...
Boom...or bust: Is China heading for big trouble?
A surge in bank lending. A speculative rush to buy houses – not just second properties, but third or fourth homes. Soaring property prices. Banks hiding the loans off their balance sheets. Surely it could not be happening again? And not so soon? But it is – in China.
http://www.independent....
Fannie Mae tries to stimulate market for foreclosed homes
The mortgage giant quietly launches the HomePath program, which offers subprime-era terms for buyers: minimal down payments, no appraisals, no mortgage insurance and lower minimum credit scores. If you're a buyer with little cash or a small-scale investor looking for a deal on a foreclosed house, a little-publicized national lending program could be just what you need this fall.
http://www.latimes.com/...
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