Real Estate News – October 21, 2012




Fannie Mae and Ginnie Mae are seeking to protect taxpayers as a flood of new lenders apply to do business with them. That’s also helping big banks’ profit and blunting Federal Reserve efforts to boost housing (via Businessweek.com): http://buswk.co/RmCAPS


The nation’s commercial real estate recovery will advance in 2013 with modest gains in leasing, rents, and sales prices, industry leaders said in a report (via latimes.com): http://lat.ms/XIoiwi


The Minnesota Department of Commerce disciplined 65 licensed real-estate professionals, businesses or others working unlicensed in the field in the 12 months ending in September. (via StarTribune.com): http://bit.ly/OV9VUe


Freddie Mac warns of bogus landlords renting out foreclosed homes (via latimes.com): http://lat.ms/UpQHbB


End Is Nigh for Certain Tax Exemptions (via NYTimes.com): http://nyti.ms/RQ74Jm