article thumbnail

Mortgage Banks Reported Negative Profits for the First Time Ever in 2022

Pro Builder

The 2022 deficit represents a 113% decrease from the previous year's average income of $2,339 per mortgage. Read more Financing Affordability Market Data + Trends Financing

Banking 52
article thumbnail

Solutions to Housing Affordability

Pro Builder

One side was summarized by “Deregulate construction, deregulate banking, deregulate oil exploration, freeze environmental regulations, and stop raising taxes,” while the opposite end of the spectrum can be characterized by “Housing [that] enjoys government preference [if sold] only to urban, low-income families.”. Housing Policy + Finance.

Housing 98
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. All businesses that purchase, finance, and/or lease less than $2 million in new or used business equipment during tax year 2011 should qualify for the Section 179 Deduction. December 2008. November 2008. October 2008. September 2008. August 2008. MANAGEMENT |. ACCOUNTING |.

article thumbnail

Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

Accounting & Finance. Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports. December 2008. November 2008. October 2008. September 2008. August 2008. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.

Cash Flow 168
article thumbnail

Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson. Laurel, NJ.

Zoning 47
article thumbnail

Imperium Health Management To Establish Headquarters In Louisville, KY

Buisness Facilities Contributed Content

Back in 2008, West Main Street in Lexington—new home to the Imperium Health Management HQ—was named one of America’s Top 10 Great Streets by the American Planning Association. Southeast Blog-June-2013 Kentucky Business Investment program Kentucky Economic Development Finance Authority Louisville' Posted by Heidi Schwartz. Kentucky Gov.

article thumbnail

Solid hiring advice in any industry

PSMJ Resources

For the past 20 years, my wife has worked for a firm that provides financial software products to the structured finance industry. It’s a great story – a couple of MIT guys working out of modest digs in 1985 are in 2008 the undisputed leaders in the cashflow modeling industry – managing a firm of over 100 people on three continents.