Orlando Like other cities in Florida, the Orlando market saw tremendous demand from investors during the first half of the previous decade. Some were looking to cash in on the appreciating market through short-term property flipping, while others were buying properties for vacation homes. Although the market attracted interest from buyers in the Midwest and [...]
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Spying On You
With lenders still skittish about making new loans, credit bureaus and others are hawking services that help banks probe deeply into your financial closet. The new offerings include ways to look at your rent and utility payments, figure out your income, gauge your home’s value and even rate your banking habits based on details like [...]
Blaming Credit Ratings Agencies
European politicians are fuming over the US credit ratings agencies and their role in various financial crises. But some experts say it was governments who allowed rating firms to gain too much power in the first place. After stocks and the euro took a tumble this week on the announcement that credit rating agency Standard [...]