Monday, December 17, 2012
Thursday, December 6, 2012
Thursday, November 29, 2012
Tuesday, October 30, 2012
Thursday, October 25, 2012
Thursday, October 11, 2012
Wednesday, October 3, 2012
Kendall arranges $2,100,000 first mortgage on Glenlake Apartments.
Kendall arranges $2,100,000 first mortgage on Glenlake Apartments.
The borrower was given 12 months to receive a discounted pay-off from the original condominium construction lender.
Kendall arranged a loan and it closed within two month from the signing of the bank agreement.
Tuesday, October 2, 2012
Friday, June 15, 2012
Wednesday, May 30, 2012
Record low #Apartment #Loan #apartmentLender #Apartment Loan
RECORD LOW APARTMENT LOAN RATES
rates
As rumors of LEFTIST gaining popularity in Greece over REVOLT OVER AUSTERITY
everyone buys US currency and stashes it in their pillow. THE normal suspects go down as dollar gains in value oil, interest rates and stocks go down on fright to safety moves
Stocks fell sharply Wednesday as worries about Europe's debt, specifically the Spanish banking system,again shook confidence.
Investors flooded into U.S. Treasuries, raising prices and pushing the yield on the benchmark 10-year note down to a record low of 1.656%.
The Dow Jones industrial average (INDU) was down 150 points, or 1.2%, in early trading. The S&P 500 (SPX) sank 17 points, or 1.2%, and the Nasdaq (COMP) declined 38 points, or 1.3%.
The European Central Bank issued a statement Wednesday saying it had not
been consulted on the bailout for Bankia, the No. 4 bank in Spain, and
that such a recapitalization could not be provided by the Eurosystem.
In addition, independent ratings agency Egan-Jones downgraded Spain's
sovereign debt late Tuesday. The move raised more questions about the
country's ability to fund bank bailouts that could reach as much as €100 billion.
Yields on 10-year Spanish debt soared to 6.62% Wednesday.
In addition, the European Commission's economic sentiment index fell for
the second month in a row, hitting the lowest level since October 2009.
World markets were sharply lower on European concerns. Britain's FTSE 100 (UKX) dropped 1.6% in afternoon trading, the DAX (DAX) in Germany lost 1.3% and France's CAC 40 (CAC40) plunged 1.7%.
CNNMoney's Fear & Greed Index, which measures investor sentiment, remains firmly in "extreme fear" territory.
U.S. stocks ended
higher Tuesday, as investors welcomed a lack of negative headlines out
of Europe and hopes that China would announce a new massive stimulus
program
Tuesday, May 15, 2012
This Is Clearly Going To Cost JPMorgan Much More Than $2 Billion
JPMorgan announced a $2 billion loss Friday. When compared to its market cap and other indicators, that goes Ouch!, but not much more. However, there’s more going on. The bank has refused to state where in its operations the loss was incurred. For good reason perhaps: the positions that caused the loss are still rumored to be open.
The main problem JPMorgan may be facing, and the 8% loss in pre-market trading may be a sign players are on to this, is that we probably already know where the loss is. A few weeks ago, the financial sphere was full of stories about the London Whale, a JPM trader in London named Bruno Michel Iksil, who had taken such massive - synthetic - derivative (gambling) positions in a 125 company index that they were moving the market itself.
Back then, some hedge funds took counter positions just for the sheer fact that he had bet so much; they figured he couldn't last forever on all trades. The underlying notion was he was long a bunch of companies; well, not a lot has gone well in the markets lately. And if you have overweight derivative positions in one direction (in this case credit default swaps) , you can make a killing or you can get punished fast and furious. He did the latter.
Read more: http://theautomaticearth.org/Finance/jpmorgan-a-tale-of-whales-and-sharks.html#ixzz1uwnfvREt
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