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News

FHA ISSUES NEW GUIDANCE ON LOAN DEFECTS | 06/19/2015 | The Federal Housing Administration on Thursday revamped how it will classify loan defects and assess the severity of underwriting errors. The agency currently uses 99 different codes to describe... MORE
FORECLOSURE ACTIVITY HITS 19-MONTH HIGH ON RISE IN REOS | 06/18/2015 | Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 126,868 U.S. properties in May 2015, up 1% from the previous month and up 16% from a ... MORE
STRUGGLING COMPANIES FIND REIT CONVERSION NOT A CURE-ALL | 06/17/2015 | Beset by activist investors, Bob Evans Farms Inc. became the latest in a long line of firms seeking to boost its value by spinning off part of its real estate-related operations into a REIT. The... MORE
AGA PRESIDENT, GEOFF FREEMAN, CRITICIZES IRS PLAN | 06/17/2015 | The IRS plan to have casino companies use their player reward programs to track the taxable winnings of players will create a “logistical nightmare,” American Gaming Association Preside... MORE
FIVE WAYS FOR HOTEL MANAGERS TO MAXIMIZE THEIR MARKETING BUDGET | 06/17/2015 | Achieving the highest return for your hotel is ultimately about driving costs down and increasing revenue. When it comes to marketing, this means spending as little as possible while reaching the l... MORE