First Tuesday

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Latest blogosphere posts tagged “First Tuesday”

  • Once out of hibernation, the Bear Flag Republic will flex its fierce economic muscles


    first tuesday journal onlineAuthority Authority: 127
    California’s economy is not down for the count, it is merely winded from a blindsided punch.The Golden State is typically branded as one of the least business–friendly states. Fortunately for Californians, the measure behind this scarlet letter is overly simplistic. It is based solely on tax rates and wages, ...
    6 days ago
  • District devoted to upholding black heritage – Austin American-Statesman


    Art InstituteAuthority Authority: 163
    On Tuesday, most of East Austin was designated as an African American Cultural Heritage District — the first such district to receive the Texas Commission on the Arts title. "The ... Tillotson Collegiate and Normal Institute in 1952; and several ...
    6 days ago
  • Defaults increase in high-end ZIP codes


    first tuesday journal onlineAuthority Authority: 127
    Notices of default (NOD) are up for high-end real estate compared to 2008 levels. By the same comparison, the rate of delinquency, while high, continues to decrease for homeowners in lower priced real estate. Unlike homes in the low end, a disproportionate number of homeowners acquired high-priced homes using ...
    1 week ago
  • The hated HVCC to make an exit?


    first tuesday journal onlineAuthority Authority: 127
    A bill recently approved by the federal House Financial Services Committee may signal the end of Freddie and Fannie’s much-reviled Home Valuation Code of Conduct (HVCC). The numerous critics of the HVCC (brokers, agents, appraisers, sellers and buyers) claim it does not live up to its purpose of controlling ...
    1 week ago
  • Divining the future: the letters game


    first tuesday journal onlineAuthority Authority: 127
    Economists tracking recessions through the years have discovered that, despite their destructive and seemingly chaotic repercussions, recessions do tend to show patterns of behavior. These patterns are often represented with letters of the alphabet.A V-shaped recession indicates a steep economic downturn, and an ...
    1 week ago
  • Upward trend in inland empire house prices not expected to last


    first tuesday journal onlineAuthority Authority: 127
    First American Core Logic recently released a report which warns against exaggerated housing price optimism in the hard-hit Inland Empire. The region’s sputtering housing market has leaned heavily on government intervention which has artificially supported the recent weak growth in housing prices.The fundamental ...
    1 week ago
  • Home equity to remain tight through 2010


    first tuesday journal onlineAuthority Authority: 127
    Even as traditional mortgage products hit record affordability levels, most banks are still pulling back on the availability of home equity lines and reducing the amounts of existing credit lines.  During the boom, home equity lines were used to fund consumer spending, luxuries and property improvements.  With the ...
    1 week ago
  • How many trial modifications become permanent?


    first tuesday journal onlineAuthority Authority: 127
    Under the federal foreclosure prevention plan, borrowers granted a trial modification pay no more than 31% of their income towards their mortgage payment. If the borrower makes three timely payments on his trial modification, he becomes eligible for permanent modification. During the trial period, loan servicers ...
    3 weeks ago
  • Despite reassuring reports, sustainable recovery remains illusory


    first tuesday journal onlineAuthority Authority: 127
    Some measures, such as the S&P/Case-Shiller Home Price Index, show the national housing market is slowing stabilizing. However, America (and more specifically California) hasn’t hit the bottom yet – and we still have a painfully long way to go before we do.The Case-Shiller Index reports national home prices ...
    3 weeks ago
  • The Fed to the rescue – inflationary fears assuaged


    first tuesday journal onlineAuthority Authority: 127
    During this gratuitous recession, the worst felt since the 1930s, the Federal Reserve (the Fed) has played an integral role in reviving the economy. The Fed is the only entity capable of quickly enacting the broad policies needed to promote lending during tight-money times to stabilize the economy. Starting October ...
    3 weeks ago
  • If M.C. Escher was a lender: defaults would rise while foreclosures fall


    first tuesday journal onlineAuthority Authority: 127
    An unsettling paradox has emerged: mortgage delinquencies are on the rise, but lenders are increasingly sluggish to send out notices of defaults (NODs) to troubled homeowners. As the mortgage meltdown spreads to higher tier properties and prime borrowers, foreclosure sales and mortgage delinquencies are becoming ...
    3 weeks ago
  • Election day in November 2009


    Thaindian NewsAuthority Authority: 719
    Washington DC, Nov 3 (THAINDIAN NEWS) Election Day in USA is the first Tuesday, after the first Monday in November. The earliest possible date could be November 2 and the latest could be November 8. Every four years, on this particular Election Day, registered voters in the United States cast their votes for ...
    3 weeks ago
  • Congressional Oversight Panel advises further government action to stem defaults


    first tuesday journal onlineAuthority Authority: 127
    Last month, we reported that the federal government’s Home Affordable Modification Program (HAMP) seemed to be picking up speed, although it still fell far short of its goal of 300 million loan modifications at that time. first tuesday’s accompanying take noted that HAMP, which aims to induce lenders to modify the ...
    3 weeks ago
  • New legislation regulating mortgages


    first tuesday journal onlineAuthority Authority: 127
    Last week, we reported on new legislation that makes it more difficult for lenders and loan modification firms to defraud homeowners. In addition to these, a series of further laws grant other protection to California homebuyers.Effective immediately, mortgage originators are forbidden from issuing loans unless they ...
    3 weeks ago
  • The continuing hunt for the bottom of California commercial property


    first tuesday journal onlineAuthority Authority: 127
    Though the stock market is showing modest improvement (if it is not a “dead cat bounce”), the same cannot be said for the growing number of distressed commercial properties in California. Many cash-strapped businesses have downsized their work forces and have ceased new hiring. As a direct result of this labor ...
    3 weeks ago
  • First Tuesdays of the month- Museums that are Free


    Daytripping Mom - Southern California Family Destination and Event GuideAuthority Authority: 131
    Happy Monday! Its the last Monday in October and I wanted to share with you early, the museums that offer Free Admission on the first Tuesday of the month. I have been wanting to take my little dinosaur lover to the Museum of Natural History in Los Angeles and will be taking him next Tuesday. Here are the lists of ...
    4 weeks ago
  • Online to drive rebranded ABC Arts


    TV TonightAuthority Authority: 543
    ABC TV has revealed its overhaul of Arts programming with the announcement of a slew of new titles, a  ‘digital Arts Gateway’ website and the rebranding of Sunday Arts to a half hour format to be known as Art Nation . The move follows continued speculation the long-running Sunday afternoon show would indeed ...
    4 weeks ago
  • Sunday Arts set for cuts?


    TV TonightAuthority Authority: 543
    As per recent rumours, the ABC is expected to announce tonight its changes to its Arts programming. The Australian notes that Director of ABC Television, Kim Dalton, will make an announcement tonight at a two-day Sydney conference, aptly titled Revealing the Arts , jointly presented by the ABC and the Australia ...
    4 weeks ago

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