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REFD events are noted on the Calendar below |
For additional information , you may contact the REFD Assistant Director, Laura Gilliland by email or by calling 210-458-7333
Some Links that maybe helpful. Others may be dead class updates . . . . TA Office Hours: TBA You may reach at TBA Wall Street Journal's Real Estate News here Rate locks here MySA real estate blog here Interest rates are reported here Ingram Park Mall Mortgage Default Express News Marketwatch A DOT on an office building in SA here A DOT on the Shops at LaCantera ($168,000,000) Private Equity Buying Troubled Home Mortgages Less Stress with Mortgages now? (cfpb) Guide to Closing Forms Closing Disclosure as pdf TILA-RESPA Integrated Disclosure as pdf (97 pages) Ability-to-Repay and Qualified Mortgage Rule as pdf (56 pages) Moody's Defeasance Report Sharia Compliant Mortgages? Bonds backed by single family rentals? Slowdown in Mortgages here What's a Walgreens in SA worth? FHA not meeting reserves target here Bank of America sued by Fannie and Freddie here and here Malls are bifurcating Hyper Inflation in Iran Let Mortgage Bankers Sell Their own Bonds? More good news on home prices. Bass Pro at the RIM site headed to foreclosure? Short sales to rise? Construction booming in Austin here Are open houses effective? here Core Logic August Market Pulse Housing turning up (WSJ)? Condemn the house instead of foreclose? Also here. Home Equity Loans the next problem? New reverse mortgage guide available. This Jumbo house would probably need a jumbo loan. Historically low interest rates now. What if the appraisal is too low? Garbage lending fees to make a comeback? Worst mortgage deal ever? Are houses starting a real recovery? A healthy house here An expensive house here Big Houses make a comeback Lenders Want to Know Everything, here Home Prices increasing in half of US, here Loving Foreclosure? This from NYT.. Freddie Mac Loans by Vintage
Are we now become a nation of renters? This site will give you interest rates on a variety of financial securities. Office Market recovering here Debt to House value for selected cities here World's most expensive house - no family yet here and related Deficiency judgments here. This article notes that the judgment typically last for 20 years, and that the lender has 5 years to file them. After the foreclosure, here. Google investing in residential solar panels here. Refinance boom? Banks being sued for providing FNMA and FHLMC with bad loans here Foreclosed on even though you paid cash, here, here, here Still the American Dream. The return of subprime mortgages? Twenty Fives Years in Foreclosure here Second mortgage stalls short sale here New FHA premiums here How complicated is that mortgage deal? JPMorgan Suspending Foreclosures, NYT here follow up article here and here and here and here and here and here and here and here and here and here An alternative to strategic default?
Equity Stripping Video from NYT here Loan delinquency and default from NYT here. Fast loan modifications from WSJ here. How much is a building worth? here How far did home prices fall, and when will they recover, according to fiserv Home price indices here. The future of home prices from NYT here. A recent CMBS issue here CMBS delinquencies report here Brief history of housing bubble here Recent report on CRE capital markets from HFF, Inc Foreclosure article in NY Times here. Judicial opinion in foreclosure in NY here. Seven rules for First-Time home buyer NY Times here Mortgage Reset Woes from NY Times here A story from a financial reporter's own situation NY Times here Commercial default in Manhattan? NY Times here Vacancy and CRE values, NY Time here. Example - Worldwide Plaza in Midtown Manhattan, NY was purchased for $1,900 million in February 2007, and sold recently for $590 Million, a loss of almost 70%. It had been purchased at $1000 per sqft and sold for $369 per sqft. 43% of the building is currently vacant. Cant' sell your house - try St. Joseph. NY Times here Listen on your computer to Giant Pool of Money - led to subprime crisis, NPR, here Listen: Return to the Giant Pool of Money Sep 2009 Update - led to subprime crisis, NPR, here Article on how WAMU got into trouble. NY Times here "WaMu’s adjustable-rate mortgages expanded from about one-fourth of new home loans in 2003 to 70 percent by 2006. In 2005 and 2006 — when WaMu pushed option ARMs most aggressively . . . ." More on Option ARM's NY Times here "In New Jersey, there were 17,525 option ARMs still outstanding at the end of June, and 11.4 percent of the homeowners with those loans are at least 30 days delinquent on their payments. In Connecticut, 4.7 percent of the 7,233 outstanding option ARMs are delinquent. In New York, the delinquency rate is roughly 5 percent of the 29,382 option ARMs." "The Mortgage Bankers Association said that last month 3.5 percent of the mortgaged homes in New York were in foreclosure, up from 2.4 percent a year ago. In Connecticut, it was 3.2 percent, up from 1.95 percent. New Jersey, meanwhile, had a rate of 5.03 percent, up from 2.7 percent and above the national foreclosure rate of 4.3 percent." Costar News - Sale of Lloyd Center in Portland OR. Costar News - IRS Rules change for CMBS. New mortgage rules coming NY Times here Appraisal Example NY Times here IRS Revenue Procedure regarding CMBS here Deed of Trust with 6-month LIBOR ARM rider Deed of Trust with 12-month LIBOR ARM rider Deed of Trust with Prepayment rider Deed of Trust Second Mortgage Purchase Money Current State of Mortgage Insurance here Fannie Mae rule for mortgage modification here FDIC forbearance plans NY Times here New RAM guidelines NY Times here New TILA (Truth in Lending Act) from Federal Reserve with links A report on rising defaults with FHA loans, NY Times here Scam for Loan Modifications? NY Times here The F.H.A. says it is insuring loans to more financially secure buyers with higher credit scores. The average credit score of new borrowers, it said, is 693, compared with 633 two years ago. |
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Student Professional Development: Credit and Extra Credit: The Real Estate Finance and Development Program is committed to assisting students with their professional development and in targeted courses is part of the course grade and may also allow a student to earn extra credit by submitting a portfolio of professional development activities that exceeds the class requirement. The REFD program will provide students with ample opportunities throughout the semester to engage in professional development. Students who are taking more than one class that allows Professional Development credit may be allowed to double count some of the events. A report of your professional development experience will be due no later than the first study day near the end of the semester. See Blackboard Learn for the report you will submit that provides the details for assignment. Point Scoring
Some professional organizations for REFD students
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B.B.A. PROGRAM GOALS:
Students will be able to communicate, orally and in writing, information and ideas pertinent to business decision-making.
Students will be able to use quantitative analysis and quantitative and non-quantitative reasoning to effectively identify and solve business problems.
Students will be able to use current information technology to support business decision-making.
Students will be able to incorporate a global perspective in business decisions.
Students will be able to identify ethical and legal issues in a business context and find alternatives that demonstrate ethical values.
Lecture Resources
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