From her previous position as VP and general manager, Ora H. Reynolds was promoted to president of Hunt Midwest Real Estate Development, Inc., according to a recent announcement by Jim...
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The Alter Group Announces New Affiliate
In an announcement Thursday, The Alter Group, a corporate real estate developer based in Chicago, said it has formed Alter Asset Recovery, which will provide expedited solutions for lenders and...
Read More »Mortgage Banking Pushes Wells Fargo to Q4 Profit
...the exception of commercial real estate. Total credit losses in Q4 included $1.7 billion of commercial real estate loans (2.15 percent of average loans) and $3.7 billion of consumer loans...
Read More »Bair Says CRE Woes Aren’t Confined to Small Banks
...decline in commercial real estate values to higher rates of return expected by investors and tight credit for commercial real estate financing. Although investor participation and financing via the secondary...
Read More »Moody’s Analytics Acquires Commercial Mortgage Metrics
...is an analytical model for assessing default and recovery risk for commercial real estate (CRE). Moody's Analytics now has exclusive control of product development, which the company says will streamline...
Read More »Surge in Short Sale Requests Unlikely to Impact Housing Market
...quarter of 2009, industry analyst still aren't sure by how much, as they are awaiting final government figures. Real estate agents are trying to price properties at levels where they...
Read More »Res.Net Partners with Lincoln Appraisal & Settlement Services
...making it easier for real estate brokers, asset manager, and lenders to make changes. It also allows users to process REO, property valuations, and pre-foreclosure activities. In addition, Res.Net's Web...
Read More »Grubb & Ellis Appoints New Chairman and Executive Managing Director
...platform to deliver comprehensive real estate solutions to a wide range of clients. A 25-year veteran of the New York commercial real estate market, he is one of the industry's...
Read More »Morgan Stanley Reports Profits in Q4
...year. In addition, Morgan Stanley ranked No. 1 in global announced and completed mergers and acquisitions (M&A). However, amidst the ongoing industry-wide decline in the real estate market, firm-wide results,...
Read More »USRES Names New EVP of Operations
""US Real Estate Services, Inc."":http://www.usres.com (USRES) recently brought on Eric Ford as EVP of operations to oversee REO, short sale, and valuation services. [IMAGE] [COLUMN_BREAK] Prior to joining USRES, Ford...
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