Quick Takes: Companies added 216,000 jobs in February

Positive job news
Bloomberg reports that in a sign of a strengthening job market, U.S companies added 216,000 jobs in February, an increase from the month before, according to a report from ADP Employer Services.

Housing help for military and homeowners with FHA loans
President Obama outlined two housing initiatives this week. One would lower refinancing fees for homeowners who have a mortgage backed by the Federal Housing Administration (FHA). The second requires banks to review the foreclosures of members of the military or veterans and provide compensation if mistakes were made, the Washington Post reports.

Apartment buildings losing appeal with investors
The Wall Street Journal reports that the appeal for apartment buildings is waning for some investors and developers.

 

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