Obama’s $100 Billion Home Mortgage Give-away
Obama home mortgage give-away
What do you do if the majority of your ideas (to help the housing market were colossal failures? See my 6-27-10 post: Modified Mortgage Default Rate is Sky-High.
Well, way not use taxpayer money for a massive give-away? The latest rumor says president Obama is considering ordering Fannie Mae and Freddie Mac to perform major mortgage forgiveness as a way to buy votes for the November election. Read more 
Commercial Real Estate Market Trouble
The commercial and industrial real estate sector is continuing its own struggle this summer. The lack of jobs, and funding for new businesses are expected to contribute to another long, stagnant year for commercial property.
Commercial real estate buyers are looking for leases rather than buying. Plus, a lot of them are just looking and don’t want to do anything for another six months or so.