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

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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:

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