![]() |
![]() |
| Issue of April 28, 2008 |
Loan and BeholdBy and large, students are supposed to be broke. The lack of cash during our college years forced most of us to subsist on Ramen noodles and free luncheons. It built character (or so we were told) and was something we would look back on and laugh about in later years. Rent to Own For those who cant afford their mortgage payments but can manage rent checks, help may be on the way. Six Boston city councilors are taking on lenders in an effort to keep homeowners in their homes as tenants. Government and the Economy By Ronald Homer A year ago in this same forum, I shared the view that the growing default rate in the subprime mortgage market was just the tip of a credit-cycle iceberg masking a much wider problem with housing prices that eventually would lead to a recession. The problems associated with the mortgage industry have been deeper and wider than anyone anticipated with the magnitude of the impact on the housing market and the economy still unfolding. However, the potential remedy regulatory action and government support remains the same. Federally Subsidized Housing Offers Right Risk-Adjusted Returns By Richard J. Henken Smart investors are continually on the lookout for opportunities to earn strong risk-adjusted returns. A fresh, little-known asset class can reward investors who understand its hybrid benefits. In strong markets, projects backed by the Department of Housing and Urban Development provide a unique opportunity to combine bond-like fixed-income properties with the potential for growth through real estate appreciation. Bank CEOs Say Credit Crisis Near End, but Is It? By Rachel Beck Bank CEOs missed the mark in forecasting the destructive path of todays credit crisis. Thats why we shouldnt take too seriously their predictions that it is almost over now. LETTER TO THE EDITOR The assertion by Michael Tesler, adjunct marketing professor at Bentley College, that students living in Bostons Downtown Crossing wont improve the area because they dont have much money to spend (Association President Sees Light at End of Crossing Tunnel, Banker & Tradesman issue of April 14) is not backed up by the numbers, nor by the evidence at the street level. Check & Balance Banker & Tradesman's political cartoon. |
||
![]() |
Publishing Systems Powered By![]() |