On January 9, shortly before the end of his second and final term, President Barack Obama sent a directive to the Department of Housing and Urban Development (HUD), ordering a reduction in FHA mortgage insurance premiums by a quarter of…
Tag: Barack Obama
The storied seaside resort is chock full of celebrities, socialites and billionaires summering in eye-popping estates, and there’s also the communal seaplanes, hipster charities, polo matches and luxury boutiques, but you’ll also find t…
The leading factor responsible for the Great Recession—fraudulent mortgage lending—remains a thorn in the side of the nation’s fledgling economy. It started with the false promise of home ownership to many susceptible, under-financed peo…
Today’s Harlem has a celebrity chef whipping up gourmet cornbread for President Barack Obama, a new Starwood Hotel featuring loft-style rooms geared toward an urban tech-savvy clientele, a newly opened 174,000-square-foot Target big-box…
With smart-phones dominating the cellular market, people now have Internet access anywhere and everywhere they go. While shopping and “googling” are leading reasons to use the Internet, the rise of social media has changed the way in wh…
Co-op and condo board members are generally volunteers who live in their building and give of their time and expertise to help make sure their home is well-run, and their investment protected. In a perfect world, new board members are a…
In early 2009, at the urging of President Barack Obama, Congress passed the American Recovery and Reinvestment Act (ARRA) with a view toward easing the blow dealt to the economy by what some are calling the Great Recession. The ARRA ha…