Fed oversight of Fannie, Freddie 'bad idea.'

Article Abstract:

The President-elect of the National Association of Realtors, Martin Edwards Jr., testified before the U.S. House Financial Services subcommittee in favor of the continued presence of secondary mortgage market companies. Richard Baker, the chairman of the subcommittee has been trying to control the attempts of second mortgage market practitioners Fannie Mae and Freddie Mac from expanding their businesses, citing the moves as a risk to the economy.

Management, Economic aspects, Real estate industry, Secondary mortgage market

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Keep it or weep

Article Abstract:

The importance of record keeping in real estate business and the crucial data to be retained in the transaction files and major contracts for certain period are discussed in detail.

Real Estate, Real Estate and Rental and Leasing, Real property, Databases, Database, CD-ROM catalog, CD-ROM database

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