Rules proposed by the government to curtail high-risk mortgages is drawing criticism from lawmakers who sought more action.
Entries from December 2007
Fed’s New Rules On Mortgages Draw Hostility from Critics
December 19th, 2007 · No Comments
Tags: Real Estate Information
California Mall Dispute Results In a $89 Million Verdict
December 19th, 2007 · No Comments
Should passive investors foot the bill for misconduct by a property’s managing partner? Plus, Louisiana moves toward selling Katrina-damaged properties, and developers struggle to obtain financing.
Tags: Real Estate Information
Interest in Island Addresses Spurs Growth in Bermuda
December 19th, 2007 · No Comments
New office buildings are rising near the British territory’s hotels amid growing demand from insurers and hedge funds willing to pay big-city prices.
Tags: Real Estate Information
Year Ends With a Whimper For Real-Estate in Europe
December 19th, 2007 · No Comments
Christmas has turned into a dull season overseas with slow sales exacerbated by worsening credit-market conditions.
Tags: Real Estate Information
Investors Like the View From the Mezzanine Section
December 19th, 2007 · No Comments
Real-estate operators are investing in mezzanine debt, the middle piece of the capital structure on buildings, drawn by attractive yields and the possibility of gaining ownership of buildings.
Tags: Real Estate Information
Americans Back Stronger Regulation Of the Mortgage Industry
December 18th, 2007 · No Comments
Many consumers say the government shouldn’t provide financial assistance to borrowers who can’t afford their mortgages, a WSJ.com/Harris poll shows. But 41% agree strongly that mortgage brokers should be better regulated.
Tags: Real Estate Information
Frustration Builds As Property Taxes Rise
December 18th, 2007 · No Comments
State and muncipal officials are facing public outcry over property taxes even as the housing slump eats into local revenue.
Tags: Real Estate Information
Where the Housing Slump Has Dealt the Strongest Hit
December 18th, 2007 · No Comments
In this week’s survey of news from across the Web, Open House looks at a town where the drop in home sales has been the steepest, how to best find foreclosed houses for sale, why home sellers might want to put their home on the market on a Friday, incentives and price cuts from home builders, and how falling housing values are resulting in lowered property taxes for some Californians.
Tags: Real Estate Information
Billionaire May Obstruct Macklowe Tower Project
December 18th, 2007 · No Comments
Harry Macklowe’s efforts to build an office-and-retail building in Manhattan are facing resistance from Ali al Fayed.
Tags: Real Estate Information
CDO Battles: A Royal Pain Over Who Gets What
December 18th, 2007 · No Comments
A filing in New York state court is a window into battles likely to ensue from battered mortgage-investment vehicles.
Tags: Real Estate Information