9. May 2011 by Jim Sutliff.

Fannie Mae reported a first quarter net loss of $6.5 billion and will request an additional $6.2 billion from the government.  Fannie Mae reported net income of $73 million in the last quarter. 

To read a related Wall Street Journal article, please click here:

http://online.wsj.com/article/SB10001424052748704810504576307551540613850.html?mod=WSJ_hpp_sections_realestate

Jim Sutliff

Posted in Infrastructure, Treasury, Real Estate, General, Business, Administrative | No Comments »

16. March 2011 by Jim Sutliff.

The Drudge Report is a premier site that provides coverage of business, politics, and world events.  The Drudge Report has valuable links to sites and articles in an easy to read format. 

To visit The Drudge Report, please click here:

http://www.drudgereport.com/

James Sutliff

Posted in Governor, Federal Reserve, Congress, Tax, Republican, Infrastructure, Trade, Dodd-Frank, Presidential, RNC, Economy, Regulatory, Real Estate, Election, Energy, Democrat, DC, Business, Environment, Estate Tax, Politics, Healthcare, General, Fundraising, Administrative | No Comments »

12. July 2010 by Jim Sutliff.

Republican Senator Judd Gregg and Congressman Eric Cantor are asking for the extension of  the tax cuts set to expire at the end of the year.  The goal is to stimulate the economy by keeping the Bush tax cuts on income and dividends for at least one more year.  Their efforts are likely to have some level of success with Democratic Senators stating that some tax cuts will be extended.

To read a related article in The Hill, please click here:

http://thehill.com/blogs/blog-briefing-room/news/108133-top-republicans-want-all-tax-cuts-extended

Jim Sutliff

Posted in Tax, Real Estate, General, Business, Administrative | No Comments »

7. July 2010 by Jim Sutliff.

The New Jersey State Assembly is expected to support the annual property tax increase cap backed by Christie and the State Senate.  The State Assembly is in Democratic hands with Democrats having a 47-33 advantage.  Tax increase will be capped at 2% with some exemptions for health costs, pension costs, natural disasters, and bond payments.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2010-07-07/full-new-jersey-assembly-to-pass-property-tax-cap-budget-chairman-says.html

Jim Sutliff

Posted in Regulatory, Tax, Real Estate, Politics, General, Administrative | No Comments »

10. June 2010 by Jim Sutliff.

 Real Clear Politics has news, analysis and opinions about politics and world events.  RCP is a great recource for information on politics and elections.  Real Clear Politics has an Election 2010 breakdown which offers multiple polls on several key races. 

To visit the Real Clear Politics site, please click here:

http://www.realclearpolitics.com/

Jim Sutliff

Posted in Politics, Real Estate, Tax, Healthcare, Environment, DC, Election, Energy, Business | No Comments »

22. May 2010 by Jim Sutliff.

Financial news coming out of DC has not been all that pretty for the most part.  The FDIC problem bank list expanded to 775 which is 10% higher than the previous quarter.  The FDIC insurance fund is also still in the red.  In addition, the Home Affordable Modification Program has had its fair share of problems.

To read a related Forbes article, please click here:

http://blogs.forbes.com/greatspeculations/2010/05/21/problem-banks-look-even-more-problematic/?boxes=Homepagelighttop

Jim Sutliff

Posted in Regulatory, Real Estate, Business, Administrative | No Comments »

31. March 2010 by Jim Sutliff.

With fewer than 40 days left before the tax credit expires the real estate industry is in full swing.  Smart Money takes a good look at the tax credit and how it relates to the current economic climate.

To read the Smart Money article, please click here:

http://www.smartmoney.com/personal-finance/real-estate/house-call-to-buy-or-not-to-buy/?cid=1108&hpadref=1

James Sutliff

Posted in Real Estate, Administrative | No Comments »