News Matters: Tuesday, January 26, 2010

The 2 Secrets of Wealth Creation
There are only 2 things that create wealth, but most people don’t know what they are. This is sad because both are SO simple! And, no, this is not an advertisement - It is REAL information that you can put to use this week!

It’s likely closing time for these chains in 2010
Struggling retailers may have to shutter outlets to weather the downturn

Promising Outlook for Commercial Real Estate Worldwide in 2010
Worldwide, 2010 looks promising for commercial real estate investment across most markets, and Asia offers the best opportunities

Locking Loans Ahead of Treasury Auctions and FOMC Statement
Reports from fellow mortgage professionals indicate lenders have passed along better rates this morning.

FHA Keeps Promise. Continues to Crack Down on Lenders
On January 20, the Federal Housing Administration (FHA) announced that its plan to shore up the agency’s capital reserves included stepped up enforcement of its rules and increased supervision of its lenders. Yesterday it released details of the first crackdown. Four mortgage lenders were notified that they were immediately and permanently removed from obtaining FHA approval for loans. Three others were also penalized.   

CBO Says Jobless Rate Won’t Turn Down Until Mid-Year
CBO expects that the unemployment rate, now 10%, will rise before turning down in the second half of the year, averaging 10% in the last three months of 2010.

This entry was posted on 01/26/2010 at 13:17 and is filed under Branson/Tri-Lakes Market, News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.