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Freddie Mac Fire Sale Announced For Next Month!

1st Freddie Mac Fire Sale Of 2018 Announced. $420 Million Of Non-Performing Loans Up For Auction

What Settlement Statement Items are Tax Deductible?

Closing on a loan can cost you several thousand dollars. Before you let that prevent you from buying a home or refinancing, learn which settlement statement items are tax deductible. This lowers the overall cost of closing on a loan, by lowering your tax liability at the end of the year. Show More Summary

Unknown Investor Buys a Billion Dollars Worth of Bitcoin During Last Downturn

``An unknown individual or entity bought 96,000 bitcoins, currently worth more than one billion dollars, during the recent crash which sent bitcoin's price to what now appears to be a bottom of around $5,000.''

Transsexual Fraudster Gets 37 Months In Federal Slammer

Transsexual Fraudster Bobbi Constantine FKA Robert Bove Sentenced To 37 Months In Federal Prison For Wire Fraud

Walmart's online sales growth slips, rattling investors

Walmart's e-commerce sales were up 23% in the final quarter of 2017. But the gains were interpreted as insufficient compared to the previous quarter, when they rose 50%....For the full year, profits plunged 27.7% to $9.86 billion, or $3.28 per share. Show More Summary

U.S. top court rejects investor appeals over Fannie Mae, Freddie Mac bailouts

The U.S. Supreme Court on Tuesday declined to revive litigation in which shareholders accused the federal government of overstepping its authority when it restructured mortgage finance firms Fannie Mae and Freddie Mac following the 2008 housing crisis. Show More Summary

Applebee's Closing as Many as 80 Restaurants

``The casual dining chain's parent company Dine Brands Global said on Tuesday it would close as many as 80 Applebee's restaurants this year on top of the nearly 100 it shuttered last year... In 2017, U.S. comparable same-restaurant sales...Show More Summary

US Treasury Posts Gigantic $1.16 Trillion Shortfall in Fiscal 2017, Media Coverage: Zilch

That $1.156 trillion in Net Operating Cost occurred in fiscal 2017. But these are the good times, the boom years, if you will, when shortfalls should shrink into oblivion. So what will happen to the shortfall when the economy slows down or goes into a recession? That was a rhetorical question. Show More Summary

Goldman Sachs raises a red flag over U.S. government spending

U.S. fiscal policy is headed for "uncharted territory."That's how a team of economists at Goldman Sachs, led by Jan Hatzius, have described the government's current spending and tax plans, as they also warned that the growth kick for the economy from those strategies will eventually fade. Show More Summary

Elon Musk's Boring Company gets green light to start test-digging in Washington, DC

Elon Musk's tunnel-boring project has received more vague government approval for its equally vague plans to build an underground hyperloop between New York and Washington, DC. Last week, Washington, DC's Department of Transportation...Show More Summary

How do Student Loans Affect Getting a Mortgage?

You went to college and left with not only a degree, but a whole slew of student loans. Now you want to buy your own home, but wonder how you will do it. Will lenders turn you away because of your college debt? Looking for Current Mortgage Interest Rates? Click Here. Show More Summary

Gibraltar To Introduce ‘World's First' ICO Regulations

The draft law, aiming to regulate the promotion, sale and distribution of digital tokens on the territory of Gibraltar, will be the first ever set of regulations developed specifically for ICOs, the lawmakers claim. One of the principal...Show More Summary

Bitcoin price hits $11,000 for the first time since January

The price of the cryptocurrency went as high as $11,279.18 on Sunday, its most elevated level since January 30, according to CoinDesk's bitcoin price index, which tracks prices from four major cryptocurrency exchanges... Bitcoin is up over 80 percent since it bottomed at $5.947.40 on February 6. Show More Summary

Guitar company Gibson reportedly facing bankruptcy

Gibson's Chief Financial Officer Bill Lawrence recently left the firm just six months before $375 million of senior secured notes were due to mature, according to a report by the Nashville Post earlier this month. He had been working for the company for little over a year before departing. Show More Summary

"The Home Builder Rationalization"

The multi-family segment has been a drag on the construction sector for several years now, despite the occasional spike up in either permits or starts, or both... [But] according the National Association of Home Builders (NAHB), they have been over the past few months rarely ever more confident than now. Show More Summary

Wall Street's Regulators Move Deeper Into Darkness Under Trump

... All of the above [failures of transparency in the wake of the 2008 Financial Crisis] occurred under the Obama administration. It's getting worse under President Trump. Yesterday Bloomberg News reported that the SEC is now settling...Show More Summary

How Escrow Protects Both Home Buyers and Sellers

When you hold something in ‘escrow’ you give a neutral third party possession of a valuable. In the case of real estate, you give the third party the buyer’s money and the seller’s deed. This third party is neutral – he does not care one way or the other if the buyer buys the home […] The post How Escrow Protects Both Home Buyers and Sellers appeared first on Blown Mortgage.

The WeWork Manifesto: First, Office Space. Next, the World

When Dock 72 [in Brooklyn] is completed this year, if the aggressive timeline holds, it will represent the fullest expression of Mr. Neumann's expansive vision to date. There will be an enormous co-working space, a luxury spa and large offices, for other companies like IBM and Verizon, that are designed and run by WeWork. Show More Summary

Winn-Dixie and Tops Owners Are Said to Prepare for Bankruptcy

As part of the upheaval, Bi-Lo is planning to shut almost 200 stores -- either before or after its filing -- one person said. The business, which went bankrupt in previous incarnations in 2005 and 2009, may still find a way to restructure its debt out of court. Show More Summary

China Warns It May Retaliate If U.S. Imposes Metal Tariffs

China said proposed U.S. tariffs on imported steel and aluminum products are groundless and that it reserves the right to retaliate if they are imposed. The U.S. recommendations, unveiled by the Commerce Department on Friday, aren'tShow More Summary

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