Strongco Announces First Quarter Results
MISSISSAUGA, ONTARIO–(Marketwire - May 26, 2011) - Strongco Corporation (TSX:SQP) today reported financial results for the three months ended March 31, 2011.

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dbx-Risk Arbitrage 8 - Changes to Fund
dbx-Risk Arbitrage 8 - Changes to Fund

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Japan’s Economy Shrinks More Than Forecast
Japan’s economy shrank more than estimated in the first quarter after the March 11 earthquake and tsunami disrupted production and prompted consumers to cut back spending, sending the nation to its third recession in a decade.

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Beacon Hill Resource - Final Results
Beacon Hill Resource - Final Results

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Anderson Energy Announces 2011 First Quarter Results
CALGARY, ALBERTA–(Marketwire - May 16, 2011) - Anderson Energy Ltd. (”Anderson Energy” or the “Company”) (TSX:AXL) is pleased to announce its operating and financial results for the three months ended March 31, 2011.

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Eastern Eur Property - Final Results
Eastern Eur Property - Final Results

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Petroceltic Intnl - Proposed Placing
Petroceltic Intnl - Proposed Placing

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Short sale is approved with my bank. PMI usually wants a payout. How does PMI determine how much money they want? What formula do they use? A certain percentage of the deficiency?? if my deficiency is around 60k, how much does PMI want or do I owe at closing???

cause MOST of short sales homes on MLS have not had their asking prices approved by the lender/bank yet.

So once buyer submits full asking price, he/she’ll most likely end up waiting many months and end up getting rejected by the lender/bank. I’m talking about Southern California homes..not sure about other areas though.

Should there be a law saying in order to put it on MLS, real estate agents must get an approval from bank on the asking price first so that they won’t waste potential buyer’s time?

Im so frustrated. I have a rental property that I know longer can afford so my tenants decided to purchase the property instead of moving. So I decided to short sale it to them. Everything was fine, contracts were signed, pre-approval was granted, bank approved the short sale.

Ok now Im waiting. My Realtor gives me a call and told me to go to the Title Company to sign the final papers for them to draw docs. This is prior to funding.

Now my Agent just informed me that the deal is dead. The Buyers Agent informed my Agent that the final underwriter turned down the sale due to the relationship on the buyers lease. WTF DOES THAT MEAN?!

The lease was under a Mothers name but she recently lost her job the time they decided to buy it and her son who lives with her decided to buy it under his name. I don’t get why her son cannot purchase the property.

Will any lender work with this type of deal today? Since the short sale began, I was letting them live there rent free. Should I make them pay last 7 months of past rent and kick them out? put it back on the market? help me pls. IM STRESSSING OUT!