Review Mortgage Lenders

First Eastern Mortgage

Mortgage Scam Alert for Canada and the USA Part 1 of 2

Mortgage Scam Alert for Canada and the USA. Call me if you have had or are about to have any dealing with these people.

TRANSACTIONS: Hirshmark arranges $8.75M bridge loan, Eastern Union cuts $6M mortgage

Hirshmark Capital , through an affiliate entity, announced the funding of a $8,750,000 bridge loan secured by a multifamily building in Queens. The property is a 70,000 s/f building with 80 units. The borrower needed capital to refinance an existing bank loan. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner. This transaction was negotiated by Hirshmark’s Igor Vaysberg .


Eastern Union Funding announced the following transactions:

• A $6,000,000 first lien mortgage for the refinance of a single-tenant office building on Vassar Ave in Lakewood, NJ. This transaction was arranged by Jay Tyberg and Moti Amsel .

• A $5,497,000 first lien mortgage for the refinance of a10-unit mixed-use on Bedford Ave in Brooklyn, NY. This transaction was arranged by Alex Freund .

• A $2,900,000 first lien mortgage for the refinance of a 16-unit mixed-use on Ocean View Ave in Brooklyn, NY.

5 things to watch in the minutes of the Fed's early August meeting

The Federal Reserve releases its summary of the discussion of its Aug. 1-ending meeting Wednesday. With no interest-rate hike at the meeting, some economists think the Fed had time to discuss “big ticket” issues. But others think the central bankers have little reason to be market-moving or provocative.

Here are five things to look for in the minutes, which will be released at 2 p.m. Eastern.

1. What is neutral?

Watch for a continued discussion of what is a neutral rate -- the level of the Fed’s benchmark federal funds rate that is not stimulating the economy but also not constraining it. The idea of getting to neutral and then stopping rate hikes is popular among some regional Fed presidents like Dallas Fed President Robert Kaplan. But the majority on the Fed wants to get rates at least a little bit constraining, said Seth Carpenter, chief U.S. economist at UBS.

Kaplan put his estimate of neutral in between 2.5% and 2.75%.

landlord in foreclosure, missed 18 payments but wants me to move for missing a payment first time in 9 yrs!?

Why is it right for my landlord, who has not paid his mortgage for the last 18 months while failing to respond to all the notices that his lender and the courts have sent him since 2009, to harass me endlessly every time the rent is due?

You did not pay rent. For of course eviction is 100% fair. You can NOT expect him to support you, it does not matter one bit what his problems are, no issue of his allows you to live on his property for free.