Feds get input in Detroit on additional auto lending rules
Detroit — The Federal Trade Commission held the first of at least three hearings on the state of auto lending here Tuesday as the commission considers whether to use new authority to impose additional rules.
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52-Unit Complex Trades at Sub-6% Cap
Multifamily Investments Partners , which operates from offices in Newport Beach and San Francisco, bought a 52-unit complex at 20102 SW Birch St. from 20102 SW Birch LLC for $ 10.4 million in a sale that closed at a 5.5% cap rate and an 11.9 gross rent multiplier.
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CONSUMER ED: Research loans before purchasing vehicles
Q: I am shopping for my first car. I can’t afford a brand new car, so I’ll be looking for something used. Also, my credit is not so great because I was late on some credit card payments. How can I make sure I get a good deal on financing despite my low credit score? A: If your credit score is low, some lenders may refuse to give you a loan, and those who do grant you credit may not extend you …
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