Subprime Headlines
Below are links to the latest articles about Subprime Real Estate
During the boom, Wachovia banker Robert Verrone made money by slicing and dicing billions of dollars in commercial real estate loans. After the crash, he made money by restructuring those loans before they blew up. What has he learned?
Regional mortgage foreclosures catapulted in the first six months of the year, a national real estate tracking company reports. Foreclosures in the Wilkes-Barre/Scranton/Hazleton metropolitan area jumped 74 percent from the January-to-June period in 2009, according to RealtyTrac, a Los Angeles-area firm that compiles foreclosure data.
Nevada had unrealistic growth expectations before the nation's financial meltdown battered the state's tourism industry and erased billions of dollars in real estate equity, an economist told a federal commission examining the causes of the Great Recession.
In my last column, I reviewed the profound implications employment data has on the fundamentals of the real estate market. While no other metric has more of a direct impact on both commercial and residential market dynamics, there are several other indicators that we keep a close eye on, each of which provides insight into the possible direction of commercial real estate. The U.S. housing market ...
RISMEDIA, September 10, 2010—With the bulk of the subprime mortgage resets behind us as of early 2009, it may seem that the only direction to move is straight up toward recovery. Projections through 2012, however, show two more waves of…
Foreclosure numbers continued their steady climb last month, according to numbers released Tuesday by real estate data firm The Warren Group.
The likelihood of a double dip, the new way to search, and more.
Britain's financial watchdog fined Goldman Sachs Group Inc 17.5 million pounds ($27 million) for failing to tell the regulator that it was the subject of a U.S. probe, reviving disclosure headaches for the Wall Street powerhouse.
Stephen Gordon's investment group adds to a wave of private money flooding into California community banks. A Southern California financial services veteran is launching a fresh bank-buying spree, adding to a wave of private money flooding into California community banks despite the state's high unemployment and depressed real estate.
Updated: 9/9/2010, 2:31 pm | Imagine strolling into Bob’s Sandwich Emporium to discover that the chalkboard behind the counter lists both lunch specials and financing specials.