Florida's banks, already battered by the state's sharp drop in residential housing prices, face a new wave of problems because of their disproportionately high engagement in commercial real estate. [IMAGE]...
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Mortgage Tech Exec Leaves Stewart for SigniaDocs
...in computer science from the University of Arkansas at Little Rock. He has made pioneering efforts in the research, development, and implementation of paperless real estate transactions -- electronic mortgages...
Read More »Three More Banks Shuttered by Regulators
...the failed bank's commercial real estate loans or REOs related to Corus' construction lending business. These loans have been retained by the FDIC, which plans to sell them in the...
Read More »Coldwell Banker Taps San Diego Short Sale Market Through Local Firm
...market where 44 percent of the 9,211 homes listed for sale are contingencies â€" either foreclosure or short[IMAGE]sales â€" the national realtor decided to take in Real Estate Insight and...
Read More »Opportunities Abound in Santa Clara County Housing Market
...President Quincy Virgilio said. On the other end of the real estate transaction, it is reported that first-time buyers have gained more confidence in the search for their dream homes....
Read More »Chase Sees Distressed Commercial Real Estate as Possible Opportunity
"JPMorgan Chase":http://www.jpmorganchase.com sees a potential opportunity in commercial real estate as the market nears bottom with sellers distressed and other banks overexposed. [IMAGE] JPMorgan has relatively limited exposure to commercial...
Read More »Interest-Only Mortgages Poised to Cause a New Wave of Defaults, Report Says
...the next 12 months. The year after, another $100 billion will reset. After mid-2011, another $400 billion will reset. The real estate information company said there are 2.8 million active...
Read More »BofA Merrill Hires Barclays’ Mazzei for Commercial Real Estate Business
...head of commercial real estate debt capital markets, Mazzei will be responsible for the [IMAGE] [COLUMN_BREAK] origination and securitization of debt financing, for real estate companies' commercial mortgage-backed securities (CMBS),...
Read More »Report: Largest Cities Still Plagued by Home Price Reductions
...reports showing positive signs in the real estate industry, but there is still a long way to go before we'll see a real recovery for the U.S. as a whole,"...
Read More »Distressed Property Funds Poised to Lead IPO Rebound, Report Says
Mortgage real estate investment trusts (REITs) looking to capitalize on cheap government financing and a massive supply/demand imbalance to build portfolios of distressed real estate assets are poised to lead[IMAGE]a...
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