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New York Times |
The rule applies to bankers and receptionists alike at Quicken Loans, the mortgage company Gilbert founded. “There's our philosophy, and everything else sits on top of that,” Gilbert, the majority owner of the Cleveland Cavaliers, said Friday in a … |
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First the bad news: Foreclosure sales, which hit historic highs in Cass and Clay counties in 2008, are on pace to do so again in 2009. First the bad news: Foreclosure sales, which hit historic highs in Cass and Clay counties in 2008, are on pace to do … |
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Economist Donald Rata-jczak, professor emeritus at Georgia State University and internationally renowned forecaster, thinks so. He said in a speech Thursday morning that potential home buyers waiting for mortgages to drop further have missed the boat. … |
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Richmond Times Dispatch |
The Henrico County-based insurance giant arranged 15406 "workouts" nationwide to avoid foreclosure during the 12 months that ended March 31. That's up 66.7 percent from the previous year — an even faster rise than in the total number of foreclosure … |
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Chris Migliori of Daum Commercial Real Estate Services represented the seller. Paul Gingrich, also of Daum, represented the buyer. square feet at 580 Broadway in Laguna Beach. Laguna Playhouse originally purchased the facility in 1998 for $3.1 million. … |
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By PETER EAVIS Commercial real estate is going to be a drawn-out problem for banks. How do investors sniff out which lenders are most exposed? One possible first step is to compare the amount of commercial-real-estate exposure at a bank with its … |
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The Market Oracle |
Main Street takes a hit in GM bankruptcy – The loser in a General Motors Corp. bankruptcy would be Main Street, not Wall Street, said a lawyer who represented Chrysler LLC's dissident lenders and is trying to organize bondholders who hold up to $7 … |
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