Article Abstract:
The US Congress moved for the adoption of Financial Asset Securitization Investment Trust (FASIT) in 1996 in an attempt to provide financial corporations an efficient means of securitizing general debt obligations. Compared to other federal-regulated trusts, FASIT appears to generate the most promising results since it does not incur entity-level tax charges, provides greater liquidity in construction loan markets and offers greater portfolio flexibility. On the other hand, FASIT does not recognize losses resulting from asset transfers and imposes direct rax charges to interest holders in the event of unauthorized transactions.
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Article Abstract:
Ways for real estate investment funds to avoid becoming fiduciaries while still utilizing pension plan money are discussed. An analysis of the Employee Retirement Income Security Act of 1974 is provided.
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Article Abstract:
Consolidation in the real estate appraisal industry is set to continue in order to achieve efficiency and cost savings. Trends in the real estate appraisal industry are discussed.
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