Something to Think About #31 – Mortgage Security: The Lender’s Perspective – By Klarise Yahya, Commercial Loan Broker – BRE: 00957107 MLO: 249261

Mortgages and Trust Deeds (hereafter-“mortgages”) are negotiable instruments. Once created, they act among institutional investors as sort of a bond substitute. They are created for income, bought for security and sold for capital gains. We’ll discuss ordinary income from mortgages and the potential for capital gains another

Los Angeles Housing Department Errors Cost Apartment Owners Thousands of Dollars! – By Thomas A. Nitti, Attorney

Many of you believe the Los Angeles Housing Department will not bother you – that the owners who have problems are the “bad guys”, the slumlords.  The reality is much different. I know of many good owners, some with professional management, who are caught up in LAHD mistakes and vendettas. Here are some common situations: