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Foreclosure rescue plans pose questions   Eylonda and Tyrone Wynn of Dallas thought their prayers had been answered when two young women from Resolutions Foreclosure & Home Mortgages knocked on the door in December 2005.


Fitch Ratings Affirms GE Capital Commercial Mortgage 2001-1 (Business Wire via Yahoo! Finance)   Fitch Ratings affirms GE Capital's commercial mortgage pass-through certificates, series 2001-1 as follows:read more...


With Home Values Going Down, How Can Property Taxes Still Go Up?  "I can't afford it any longer. I just can't do it," Glen Peterman said. Peterman is worried that ever-increasing taxes could price him out of the Ionia County home he's


Trade deficit falls unexpectedly in March  The U.S. trade deficit narrowed unexpectedly in March to $55 billion, the largest drop in over three years as exports rose to a record and imports from China declined, a


Fischer Francis to Buy Mortgage Debt as Subprime Ebbs (Update1) (Bloomberg.com)  June 26 (Bloomberg) -- Fischer Francis Trees & Watts plans to buy more U.S. commercial mortgage-backed securities on speculation the worst of credit-market losses are over, Tokyo- based fund manager


SunTrust Profit Soars 39 Percent  SunTrust Banks Inc. Tuesday posted a 39 percent jump in third-quarter profit, as loan growth and its acquisition of National Commerce Financial Corp.read more...

April 24th, 2006

No tax due on even real estate exchange unless buyer sells

Two-year restrictive period applies to transaction DEAR BOB: I am an avid reader, but have never seen you write about an even exchange of properties.

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