Be Flexible

Chicago Agent magazine recently posted a list of the 10 most competitive housing markets in suburban Chicago. See any surprises?

On April 30, 2015, FHA announced that it has extended the effective date for the policies contained in the SF Handbook 4000.1 from June 15, 2015 to September 14, 2015. All existing Single Family Handbooks, Mortgagee Letters and other policy documents remain effective until superseded by specific sections, subsections, and/or appendices of this Handbook 4000.1. View the full statement […]

According to Bloomberg, Blackstone Group LP and Wells Fargo & Co. agreed to buy most of General Electric Co.’s real estate assets in a deal valued at about $23 billion, in an effort to further shrink GE’s financial unit. Bloomberg’s Devin Banerjee reports that GE Chief Executive Officer Jeffrey Immelt “does not want GE to be a […]

CMBS loan issuance is expected to total around $100 billion to $125 billion this year, a projected 25 percent increase over 2014 totals, National Real Estate Investor reported Jan. 7. However, experts said they are worried about the quality of underwriting on new CMBS transactions. The issue is that the quality of underwriting on the […]

Brian J. Curry has written an excellent article on Subdivision Valuation for The Appraisal Journal. Valuation of subdivision land is not a one-size fits-all endeavor. This article demonstrates the relationship between profit and yield and their application in land valuation. A subdivision development static method is suggested, and the impact of leverage, trending, and project […]

Looking for the latest banking regulations? L-CAM found this Bankers Online site helpful for remaining in compliance with the FDIC, FRB, CFPB and more.