http://www.fdic.gov/bank/individual/failed/firstga.html#introduction
On December 5, 2008, First Georgia Community Bank, Jackson, GA was closed by the Georgia Department of Banking and Finance and the Federal Deposit ...
Private money or hard money loans are loans secured by real estate that are often funded by private parties and are typically offered at higher interest rates than those offered by an FDIC-insured bank. A traditional...
The Consumer Financial Protection Bureau ("CFPB"), through its sponsors in the Treasury Department, and the Conference of State Bank Supervisors ("CSBS") signed a memorandum of understanding ("MOU") relating to inform...
Hello BP,
I was looking for a lender in Puerto Rico, I’ve learned that even though Puerto Rico has almost all of the products and methods of the US not all US banks lend in PR. Any suggestions on a financial institu...
Good evening, I am looking for some general and creative seller financing term ideas that have been used in the past for purchasing a commercial building thats out of reach in traditional terms i.e 20% out of pocket d...
Fellow Columbus investors, can you recommend a local bank you worked with for refinancing a property? also is it necessarily a good idea to do the process with the same lender that did the first mortgage? Thanks!
I currently live and Work in NYC as a commercial RE agent for Coldwell Banker. I'm looking to get involved with some investors, but i don't really know the process of this or how to go about it. Are there any suggesti...
I'm in the process of making an offer for multi family property for rental purposes. The financial institutions I have contacted require in average 25% down payment. They have asked for a Personal Financial Statement...
The following NY Times piece:
Sheila Bair’s Bank Shot
is an excellent read for anyone with even a casual interest in the too big to fail problem. I am glad to know that there are still some people fighting for rati...
I have 8 separate 5 yr fixed rate mortgages (and P.notes) that the same bank (in Wisconsin) has made to two of my LLC's and secured each loan on a separate property. I personally g/tee these loans.
Rates have moved ...