Ricardo Cortez's (rcortez) Blog

The Federal Reserve has auctioned another $25 billion in loans to squeezed banks to help them overcome credit problems. The central bank on Tuesday released the results of its most recent auction. It's part of an ongoing program started in December that seeks to ease financial turmoil and credit ...

accoring to leading Republicans this proposal is not a bailout. "Everyone would take a financial hit -- homeowners, lenders, and real estate investors. But we aim to spare people a level of pain, loss, and uncertainty that would only drive our markets and our economy further in a downward spiral....

The 36-year-old who survived cancer to win a record seven successive Tours, said in a statement today: "I am happy to announce that, after talking with my children, my family and my closest friends, I have decided to return to professional cycling in order to raise awareness of the global cancer...

new AZ law that goes into effect 9/25/08 regarding drop houses and anyone that has knowledge of them.  If any of our agents come across what looks like may be a drop house, they should stay away from the house and call the Police immediately!  If an agent has knowledge of a drop house and doesn't...

a new law change mandates loan officers get their license in arizona SB1028 - the law that requires Loan originator (loan officer) licensing. In Arizona, only the loan officer is not (currently) required to be licensed. In most situations, how you finance your home, can be significantly more imp...

  Down-payment assistance programs like Ameridream and Nehemiah have offered  home buyers....an opportunity to obtain mortgage loans with the help of non-profit organizations and charity assistance groups that contribute the down-payment for buyers to obtain FHA loans. As, Federal regulators are ...

I dont want to shock any of you. However, I am not on the list below. The old saying holds true: The rich do get richer. Even as world financial markets broke down last year, personal wealth around the world grew 5 percent to $109.5 trillion, according to a global wealth report released on Thursd...

options you have if you want to avoid foreclosure. Re-finance can be difficult due to the decline in real estate values. However, often a bank may offer a re-finance to pay off other high-interest debt like credit cards so that you will have enough income to pay your mortgage.   Short Sale - If y...

But Chief Executive Robert Toll is seeing signs the market is stabilizing -- the company had the lowest contract cancellation rate in more than two years, and more buyers are putting down deposits. Toll Brothers reported earnings today "We believe that there is pent-up demand," Toll said in a sta...

According to the US News and World Reports annual report and rankings of the best college graduate schools in the country Best Graduate Schools the town of Tempe - Arizona State University WP Carey School of Business was ranked # 22 in the US, 8th in the US amongst public schools and only 1 of 5 ...