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Africa Mortgage Crisis News

Africa Mortgage Crisis News is an EIN News Service for real estate professionals. Constantly updated news and information about Africa Real Estate.

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Latest Africa Mortgage Crisis News

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Dubai World may sell assets to repay debt 7 Dec 2009 20:44 GMT
... DUBAI — Dubai World, the state-owned holding company that’s in ... projects it hasn’t started because of the credit crisis, Al Saleh told the broadcaster. Dubai World, ... unit, is building the Downtown Jebel Ali residential project in Dubai and has planned urban ...
Nakheel's creditors may get waterfront land in default 7 Dec 2009 20:44 GMT
... DUBAI — Nakheel PJSC creditors may win the right to ... projects it hasn’t started because of the credit crisis, according to Abdulrahman Al Saleh, director general ... to happen,” said Saud Masud, a Dubai-based real estate analyst at UBS AG. “I’d be very ...
Eurozone and US see GDP growth in Q3 7 Dec 2009 14:51 GMT
... Eurozone and US see GDP growth in Q3 As economies ... report also said that sectors such as real estate and auto and components may also see ... world average of 19.2 per cent. "The credit crunch has resulted in a steep fall in ...
Open Global Return up 10.2% over three years 7 Dec 2009 11:13 GMT
... Pothier-managed HSBC fund is eighth out of 86 ... fund at 4.09%, Gerry Ferguson’s £1.1bn SWIP Property Trust fund at 3.62%, and Crispin Odey’s ... holds across Africa were untouched by the credit crunch a lot of hot money fled Africa ...
Dubai Crisis - CBN Investigates The Country's Banks 7 Dec 2009 09:56 GMT
... Lagos — As a precautionary me-asure, the Central Bank ... if any was exposed to the Dubai real estate market and/or had invested in equities and ... last year at the height of the credit crunch while Barclays opted to raise fresh capital ...
Greece's 'tremendous potential' 6 Dec 2009 22:52 GMT
... Lavrentiadis says Greece should exploit green energy opportunites BUSINESSMAN ... maximise the business opportunities that the global credit crisis has created. Lavrentiadis’ upbeat assessment was part ... at the crossroads of Europe, Asia and Africa. It is also the first Mediterranean port ...
Books of the Year 6 Dec 2009 06:12 GMT
... Ordinary Thunderstorms by William Boyd (Bloomsbury). Quite simply our ... describes his family’s expulsion from their prosperous home in Jaffa in 1948, the mysterious death ... among London’s illegal workers and prefigured the credit crunch. A mature, bleak and beautifully crafted novel. ...
Conservation of water: Desalination need of hour 5 Dec 2009 21:55 GMT
... IF you thought only the world economies were facing a credit crunch then here’s a news — our planet ... carrying out water consumption assessment. Labour camps, residential areas, hotels, resorts, tourist areas and offices ...
Investment hotline: Magnus Heystek ' Brenthurst Wealth 4 Dec 2009 19:48 GMT
... What's a little thing called Dealstream, huh? That's RMB - ... view of what Magnus has said about property, what is his or the panel's opinion ... the world - big casualties of this credit crunch. Why? Property. Here we have these schemes ...
Silver's turn to shine - Grandich 4 Dec 2009 19:15 GMT
... HOME > REGIONS > CANADA As silver approaches $20 an ... In fact, in the aftermath of the mortgage crisis in testimony before Congress, he basically ... One of the world's premier districts, South Africa, has all but shut down its gold ...
Yesterday's Top Story: Silver's turn to shine 4 Dec 2009 08:30 GMT
... HOME > WHATS NEW Yesterday's Top Story: Silver's turn to ... In fact, in the aftermath of the mortgage crisis in testimony before Congress, he basically ... One of the world's premier districts, South Africa, has all but shut down its gold ...
Cracker with comical Khan 4 Dec 2009 07:13 GMT
... December 4, 2009 By Charlotte Fairfax It's about a bunch ... the new festive season stage comedy, The Credit Crunch Christmas Party!, which runs until December 20 ... that we lose so much of our home-grown talent to other cities. We have so ...
African Markets - Factors to watch on Dec 4 4 Dec 2009 06:16 GMT
... Dec 4 (Reuters) - The following company announcements, scheduled economic ... monthly U.S. jobs data on Friday, with property and resource shares weighing on Hong Kong ... which are still reeling from the global credit crunch, have largely been unmoved by concerns about ...
Chasing Returns 3 Dec 2009 15:02 GMT
... Last year, the sharp pullback in emerging market stock indexes ... Ponzi scheme.” Xie cited inflated equity and property values driven by the expectation of appreciation as ... far-flung regions of the globe such as Africa or Turkey. And a growing roster of ...
National Urban League Calls for TARP Dollars to Finance Six-Point Plan 3 Dec 2009 02:06 GMT
... communities of color since last summer �"for African Americans since August, 2008 and for Latinos ... by the Administration to help mitigate the mortgage crisis through housing counseling and, according to ... 60% more likely to hold onto their homes if they receive counseling and receive loan modifications with ...

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Pictures of the Day

reuters.com:
Quarter in U.S. Foreclosure Plan Late on Payments
United States Foreclosures News

news.com.au:
Yuletide Rush on Homes in Melbourne and Sydney
Australia Real Estate News

nzherald.co.nz:
New Zealand: House Values Climb But Many Vendors Choose to Stay Put
New Zealand Real Estate News

thisismoney.co.uk:
Could You Still Cash in on Your Home?
Equity Release News

timesonline.co.uk:
Wish You Weren't Here
Second Home Market News

telegraph.co.uk:
Beauty - But at What Price?
UK Real Estate News

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BusinessWeek names Tinley Park, Ill., 'Best Place in America to Raise Kids' [23 Nov 2009]

Florida commercial property Answer- Real Estate Subleasing Tip! [20 Nov 2009]

Austin Real Estate Broker Kenn Renner of BuyAustin.com Alert - First Time Homebuyer Credit extension Update! [16 Nov 2009]

West Palm Beach commercial real estate broker offers key points to remember when refinancing a commercial property mortgage [16 Nov 2009]

Choice Home Mortgage Services announces Reverse Mortgage Specialist, Frank Miller, has joined their exclusive Long Island Reverse Mortgages team. [26 Oct 2009]

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EIN News Columnists

The Success of Obama's Strategy Depends on A Very Shaky Pakistan (Joe Rothstein's Commentary) [05 Dec 2009 - 02:57]
Britain's Officials Tell The Truth About the White House Lies That Led to Iraq (Joe Rothstein's Commentary) [30 Nov 2009 - 20:38]

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Buying and Selling News

BUYINS.NET: Coinstar (CSTR) Daily Short Sale Trading Volume Through 12-4-09. Nearly 22 Million Shares Shorted in Past 4 Months. [07 Dec 2009 - 21:01]
Tax credit fuels skyrocketing Dallas-area preowned home sales [07 Dec 2009 - 20:08]
Georgia's Largest Real Estate Broker, Metro Brokers, Joins Better Homes and Gardens Real Estate [07 Dec 2009 - 19:35]
Escrow of the West Opens New Location in Sherman Oaks, CA, Names Marcine Kline as Branch Manager/Senior Escrow Officer [07 Dec 2009 - 18:47]
Dallas-Fort Worth preowned home sales skyrocket as homebuyers take advantage of tax credit 11:36 AM CT [07 Dec 2009 - 18:45]

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Housing Market News

Veterans more likely to avoid foreclosure with VA-backed loan [07 Dec 2009 - 21:27]
Why Hasn't Canada's Housing Market Blown Up? [07 Dec 2009 - 21:26]
Egypt mortgage mkt hit by crisis, red tape [07 Dec 2009 - 21:26]
Home Sellers Slash Prices by $23,953 in November, a 3% Smaller Discount Than Last Month -- According [07 Dec 2009 - 21:04]
Home Sellers Slash Prices by $23,953 in November, a 3% Smaller Discount Than Last Month -- According to ZipRealty (MRW) [07 Dec 2009 - 21:02]

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Institutions News

Raleigh Regional Association Of REALTORS® Names Hall of Fame Award Recipients [07 Dec 2009 - 18:34]
Buyers Protection Group in LandAmerica deal [07 Dec 2009 - 16:37]
South Florida Green Realty Realtor® Achieves National Association of Realtors® Green Designation [07 Dec 2009 - 10:16]
Long Realty Company Receives Corporate and Community Achievement Award by the Tucson Association of REALTORS® [05 Dec 2009 - 05:30]
Tucson Association of Realtors names CEO [04 Dec 2009 - 08:42]

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Mortgage Lenders News

Bank of America says it modified 600,000 mortgages since January 2008 [07 Dec 2009 - 20:10]
Bank of America says 600,000 mortgages modified [07 Dec 2009 - 20:07]
Freddie Mac, FHLB, Fannie Mae 2009, 2010 note calendar [07 Dec 2009 - 16:42]
Freddie Mac bill sale: rates rise, demand stronger [07 Dec 2009 - 16:40]
Fannie Mae to sell $4 billion bills on Wednesday [07 Dec 2009 - 15:44]

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Property Developers News

Agile Property obtains US$150-mln loan from HSBC [07 Dec 2009 - 07:31]
Bellway warns housing market remains weak [05 Dec 2009 - 10:14]
Builder Bellway finding it tough in the North [05 Dec 2009 - 07:31]
Bellway blames dull sales on lending dearth [05 Dec 2009 - 04:30]
Bellway optimistic as reservations soar [05 Dec 2009 - 01:34]

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Real Estate Brokers News

Coldwell Banker Caine buys Greer-based ERA Riverside [07 Dec 2009 - 20:39]
Coldwell Banker Residential Brokerage Agent Named South Bay Chinese Women Association's Businesswoman of the Year [07 Dec 2009 - 20:11]
Eddie Sharp Racing's Justin Lofton Earns 2009 ARCA RE/MAX Series Championship: Honored at Championship Awards Banquet [07 Dec 2009 - 15:41]
RedFin Network Launches New Website [07 Dec 2009 - 06:50]
Liniger created unique real estate model with Re/Max [07 Dec 2009 - 06:32]

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Real Estate Financing News

IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust [07 Dec 2009 - 21:29]
IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust (CNW) [07 Dec 2009 - 21:28]
SEC accuses 3 ex-New Century executives of fraud over subprime mortgage collapse [07 Dec 2009 - 21:02]
Low Mortgage Rates Lead Many to Consider Refinancing [07 Dec 2009 - 21:00]
SEC accuses 3 ex - New Century executives of fraud over subprime mortgage collapse [07 Dec 2009 - 20:39]

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Real Estate Miscellaneous News

Appeals Court Upholds Sentence in Mortgage Fraud [07 Dec 2009 - 21:26]
Mortgage execs face fraud charges [07 Dec 2009 - 21:10]
Columbus man pleads guilty to role in mortgage fraud scheme [07 Dec 2009 - 20:59]
Emeco "cash for clunkers" program: interior design recycling program [07 Dec 2009 - 20:37]
KIDMAN HAS AN EYE FOR INTERIOR DESIGN [07 Dec 2009 - 17:31]

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