Wealth-Coaching

Welcome to the real estate investment blog. This piece aims to provide information, news, tips and advice to all of those who work in the real estate. We cover a host of issues, including financing, buying and selling, foreclosures and the like. We want to make sure that we provide you with news, information, tips and advice that will be helpful to you and we hope that this information is useful to you. We hope that you come back to the real estate investment blog often for more information.

There is now even more bad news on the real estate front. Bank of America, who is one of the countries largest banks, has announced that they will no longer work with mortgage brokers, and they have decided to cut out this division in order to save money. Apparently, Bank of America reported a thirty two percent decline in earnings, and that was just their domestic division. Their global corporate and investment bank declined ninety three percent. That is not good news at all, and this is all fall out from the sub prime lending debacle. Perhaps this is finally the bottom of what has been a nightmare.