May 2009 « The Foreclosure Blog

Despite Elimination, Cavaliers Remain a Model Franchise – New York Times

Despite Elimination, Cavaliers Remain a Model Franchise
New York Times, United States

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 [...]

Fubon Life To Invest More In Real Estate, Shares – Wall Street Journal

Fubon Life To Invest More In Real Estate, Shares
Wall Street Journal

TAIPEI (Dow Jones)–Taiwan's Fubon Life Assurance Co. plans to raise investments in real estate by NT$60 billion-NT$70 billion (US$1.85 billion-US$2.16 billion) and in shares by NT$20 billion, Richard Tsai, vice chairman of the insurer's parent Fubon …
* Fubon Life and ING Antai team up to form No. 2 insurer Taipei Times
all 7 news [...]

Foreclosures up in area, but some on hold – In-Forum

Foreclosures up in area, but some on hold
In-Forum, ND

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 [...]

Economist says low mortgage rates on way up – Charleston Post Courier

Economist says low mortgage rates on way up
Charleston Post Courier, SC

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. [...]

Genworth helping clients stave off foreclosure – Richmond Times Dispatch

Richmond Times Dispatch

Genworth helping clients stave off foreclosure
Richmond Times Dispatch, VA

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 [...]

REAL ESTATE DEALS – Orange County Business Journal

REAL ESTATE DEALS
Orange County Business Journal, CA

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. [...]

Japan Energy Shares Gain on Oil; Property Falls on Bankruptcy – Bloomberg

Japan Energy Shares Gain on Oil; Property Falls on Bankruptcy
Bloomberg

By Jason Clenfield and Toshiro Hasegawa June 1 (Bloomberg) — Japanese energy shares advanced on higher oil prices, while real estate companies declined after developer Joint Corp. filed for bankruptcy. Inpex Corp., the nation's largest oil explorer, …
Japan Property Shares Fall on Joint Bankruptcy; Oil Shares Gain Bloomberg
Joint's Failure May Rekindle Loan Loss Concerns, Goldman Says Bloomberg
all 4 news [...]

When Real-Estate Exposure Is Tangible – Wall Street Journal

When Real-Estate Exposure Is Tangible
Wall Street Journal

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 [...]

Retailers Feel Mixed Impact From Foreclosures – Wall Street Journal

Retailers Feel Mixed Impact From Foreclosures
Wall Street Journal

By MARY ELLEN LLOYD US home foreclosures have a mixed impact on sales at Home Depot Inc. and Lowe's Cos., the top executives at both home-improvement retailers recently said. New data, released last week, indicate the pace of foreclosures has stepped …
Home foreclosures bring some good, some bad to retailers SmartBrief
all 2 news [...]

Stock Market Shrugs off GM Bankruptcy – The Market Oracle

The Market Oracle

Stock Market Shrugs off GM Bankruptcy
The Market Oracle, UK

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 [...]

The Foreclosure Blog

Foreclosure

Pages

Reference Books