Trump Admin Proposes to Privatize Fannie and Freddie

22 Jun 2018


The Trump administration proposed on Thursday an end to the conservatorship of Fannie Mae and Freddie Mac, which would move the government-sponsored enterprises (GSE) into the private sector.

The changes aim to “ensure more transparency and accountability to taxpayers, and to minimize the risk of taxpayer-funded bailouts, while maintaining responsible and sustainable support for homeowners.”

This would be a good thing.


Before Renting AirBNB Properties, Check for Smoke Alarms

10 May 2018

Asking this question before you book an Airbnb could save your lifeNY Post, 2018/05/09

Most people may want answers to questions like, “Do you have Wi-Fi and cable?” And, “How big is your kitchen?” Or, “How far are you from the subway station?” But a new study suggests they should also ask, “Do you have a carbon monoxide alarm, smoke alarm and first-aid kit?” It’s not the first thing people might think of asking when booking a vacation rental. Airbnb can be a cheaper alternative to a hotel room in many cases, but a new study says homes often lack the fire safety standards found in most hotels.

Less than half of the listings on the lodging platform have fire extinguishers or first-aid kits, and just 56% have carbon monoxide alarms. The percentage of Airbnb rentals with fire extinguishers ranged from 29 percent in New York City to more than 70 percent in Austin, Texas. Portland, Ore. was the only city in the sample to have first-aid kits in more than half of Airbnb venues.

You get the idea. Also, you may want to read up on liability as well.

32 Year Old College Dropout Being Sued To Leave Dorm

1 Mar 2018

College dropout refuses to leave her dorm room – NY Post, 2018/02/28

Hunter College is waging a court battle to evict a stubborn student who refuses to leave her dorm room some two years after dropping out.

Delaware native Lisa S. Palmer — who has not paid rent since 2016 — refuses to leave Room E579 at the school’s 425 E. 25th St. co-ed dormitory, according to an eviction lawsuit filed in Manhattan Supreme Court.

The 32-year-old “racked up a staggering $94,000 in unpaid residence hall charges on account of her continued occupancy, all the while ignoring Hunter College’s service of additional vacate notices,” said the suit.

“I plan on fighting the lawsuit and while I fight it, I’m going to stay,” Palmer told The Post from outside her messy, 100-square-foot single, which is adorned with a lava lamp, a dream catcher and piles of dirty dishes.