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

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  • Film finance market poised for a rebound? 7 Nov 2009 02:54 GMT
    ... The mood at the American Film Market Finance Conference on Nov. ... players. The big difference between now and pre-credit crunch days is that the remainder needs to ... Hauer & Feld LLP, if the weak home video market was a cause for concern, ...

  • Will New FDIC Bank Rules Help or Harm Commercial Real Estate? 6 Nov 2009 04:31 GMT
    ... The federal government’s newly issued banking guidelines will have a ... have a major impact on the commercial real estate industry and the nation’s financial system by ... losses, that would have made the current credit crisis even worse and stifled any fragile economic ...

  • Revealed 6 Nov 2009 12:41 GMT
    ... Oh let the sun beat down upon my face With stars ... connected the dots between ARM resets, the credit crunch, foreclosures and lower prices, it was rational ... Listing Updated11/4/2009 MLS NumberS594917 Property TypeSingle Family, Residential CommunityNorthwood TractPp According to the listing agent, ...

  • American Home Mortgage Servicing Inc. Responds to Ohio Attorney General 5 Nov 2009 18:11 GMT
    ... COPPELL, Texas--(BUSINESS WIRE)-- American Home Mortgage Servicing, Inc. (AHMSI) filed suit today ... April 2008 in the midst of the mortgage crisis, AHMSI specializes in servicing distressed residential mortgage loan portfolios. It did not originate ...

  • Sternlicht bets on Greenwich rebound 5 Nov 2009 01:50 GMT
    ... Real estate investor Barry Sternlicht is betting the Greenwich housing ... million to invest in distressed commercial and residential real estate debt. Sternlicht was chairman of ... owners are struggling to refinance in the credit crisis. Sternlicht's wager that he can sell his ...

  • Loan Modifications Scrutinized, 1340 Loan Modifications Investigated in California 5 Nov 2009 23:19 GMT
    ... Loan Modifications Scrutinized, 1340 Loan Modifications Investigated in California ... bankruptcies we are dealing with in this credit crisis are so large they are too often ... of the reasons for this is that real estate agents are struggling to find work and ...

  • Mortgage crisis shows why financial regulation is needed 1 Nov 2009 04:56 GMT
    ... By Kevin G. Hall | McClatchy Newspapers WASHINGTON — ... At the front of the chain were homeowners who took out loans with no documentation ... especially in places such as Florida and California, if they hadn't happened on such a ...

  • States Should Cut Wall Street Out! Own Your Own Bank 3 Nov 2009 14:33 GMT
    ... Pouring money into the private banking system has only fixed ... which it buys from local banks. Its residential loan portfolio is now $500 billion to ... has helped the state to avoid the credit crisis that afflicted Wall Street when the secondary ...

  • Weekly Market Notes: How Bad Would Economy Wobble Without Its Training Wheels? 2 Nov 2009 08:17 GMT
    ... "Years of practice enable the trader to act on the ... back of the home buyer’s tax credit, residential construction added 0.5% to GDP, which is ... cut $10 billion in debt after the credit crunch dried up its funding and a U.S. ...

  • Maguire Properties Reports Third Quarter 2009 Financial Results 2 Nov 2009 21:50 GMT
    ... LOS ANGELES--(BUSINESS WIRE)-- Maguire Properties, Inc. (NYSE: ), a ... Properties, Inc. (NYSE: ), a Southern California-focused real estate investment trust reported results for the quarter ... with the negative impact of the current credit crisis and economic slowdown; general risks affecting the ...

  • Boston Private: The Tide Is Turning 3 Nov 2009 10:37 GMT
    ... Among the bank stocks that have gotten walloped as a ... It has been hurt in particular by residential construction loans at its Florida unit, as ... its Florida unit, as well as commercial real estate credits in California and the Pacific Northwest. ...

  • The Coming Turn at Boston Private Holdings 2 Nov 2009 19:37 GMT
    ... Through timely assets sales, the company sheds problems assets ... It has been hurt in particular by residential construction loans at its Florida unit, as ... its Florida unit, as well as commercial real estate credits in California and the Pacific Northwest. ...

  • Infrastructure: Business, government officials band together to find industrial space 4 Nov 2009 06:16 GMT
    ... Infrastructure: Business, government officials band together to find ... markets the Ocala Business Park, said the credit crunch continues to slow efforts to find new ... in 35 years of being in the real estate business," Galloway said. "I would estimate somewhere ...

  • Goldman Laid Down with Dogs 4 Nov 2009 21:17 GMT
    ... Looking much more closely at fueled the mortgage crisis and how it of the housing industry. ... millions of Americans their jobs and their homes. with New Century Financial, a firm that ... Century executives reveled as the firm's annual residential mortgage sales rocketed from $357 million in ...

  • Maguire Properties Inc. Q3 2009 Earnings Call Transcript 4 Nov 2009 00:13 GMT
    ... Welcome to the Maguire Properties Conference Call. At this time, ... On the broader more macro scale, the credit crunch continues to drag on and the amount of commercial real estate mortgage debt is a staggering $3.6 trillion. ...


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