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What Dubai Means to the U.S. Real Estate Market 8 Dec 2009 19:26 GMT
... U.S. money is tied up in Dubai. Citigroup (Stock Quote: ), a major lender to ... investment in peril, that’s less money for real estate loans back here in the states. Low prices ...
US plays it safe, holds on to Citigroup stake 8 Dec 2009 14:15 GMT
... the taxpayer,” Treasury spokesman Andrew Williams said. Citigroup spokesman Jon Diat declined to comment on ... state guarantees on 301bn of devalued securities, mortgages, car loans, real estate and other assets. Citigroup paid ...
Mortgage broker doesn't see market settling ... 8 Dec 2009 08:45 GMT
... College : Has been involved in the mortgage industry since 1982, including Plaza Bank and ... market. The nation’s three top banks — Citigroup, Wells Fargo and Bank of America — ... the average person couldn’t pay for a loan. At the top of the market, I ...
How banks fail at foreclosure auctions 8 Dec 2009 16:13 GMT
... giving money away here: Lenders, or the loan-servicing firms that represent banks and investors, are ... set the minimum much lower [than the mortgage balance]. Their goal is to tempt others ... Hagerty focusing on one property in particular: Citigroup initially set the minimum bid at auction ...
Citi Pushes for TARP Payback 8 Dec 2009 07:35 GMT
... (Bloomberg) — Citigroup Inc. Chief Executive Officer is pressing the ... Reserve on $301 billion of devalued securities, mortgages, auto loans, commercial real estate and other assets. Citigroup ...
U.S. Forecasts Smaller Loss From Bailout of Banks 8 Dec 2009 04:34 GMT
... more from the bailout program in new loans to banks, aid to troubled homeowners and ... example, still holds a trillion-dollar portfolio of mortgage-backed securities whose market value is unknown. The ... bailout loan. Once that payment is made, Citigroup will be the last big bank tethered ...
Treasury 'to link Citi sale with TARP repayment' 8 Dec 2009 02:07 GMT
... on selling its 34 percent stake in Citigroup Inc until the bank and regulators agree ... bailout funds until at least 2011. Unpaid loans on malls, hotels, apartments and home developments ... 5.3 percent in two years, according to Real Estate Econometrics LLC, a property research firm in ...
Banks Say Uncle Sam Plays Favorites 8 Dec 2009 13:11 GMT
... minimum generally was about equal to the mortgage balance due. But in today's market, in ... home values have dropped far below the loan balance, lenders wouldn't attract investors if they ... sold $19.29 billion in stock. Officials at Citigroup and Wells Fargo have prodded U.S. officials ...
Banks say Uncle Sam plays favorites. 8 Dec 2009 13:47 GMT
... minimum generally was about equal to the mortgage balance due. But in today's market, in ... home values have dropped far below the loan balance, lenders wouldn't attract investors if they ... sold $19.29 billion in stock. Officials at Citigroup and Wells Fargo have prodded U.S. officials ...
Economic Outlook: A $200B Stocking Stuffer 8 Dec 2009 18:48 GMT
... of the $370 it doled out in loans through the Troubled Asset Relief Program, The ... a downturn could provide more losses. With Citigroup and Bank of America as of this ... losses through a rising bubble in commercial real estate. The $42 TARP shortfall includes losses to ...
House flipping makes a comeback 8 Dec 2009 11:53 GMT
... TV visible from the tub. The minimum bid, as set by a unit of Citigroup Inc., which had a $1.3 million mortgage on the home, was $379,900. After several minutes of bidding among investors and their ...
Colangelo group closes in on Wigwam deal 8 Dec 2009 22:49 GMT
... $45 million to purchase the note from Citigroup. Schultz confirmed the deal should close by ... reorganization after defaulting on a $65 million loan it received from Citigroup Global Markets Realty Corp. in 2007. The loan was secured ...
No cartwheels for mortgage broker 7 Dec 2009 08:43 GMT
... College : Has been involved in the mortgage industry since 1982, including Plaza Bank and ... market. The nation’s three top banks — Citigroup, Wells Fargo and Bank of America — ... the average person couldn’t pay for a loan. At the top of the market, I ...
Mortgage broker doesn't see market settling until at least 2012 7 Dec 2009 17:22 GMT
... College : Has been involved in the mortgage industry since 1982, including Plaza Bank and ... market. The nation’s three top banks — Citigroup, Wells Fargo and Bank of America — ... the average person couldn’t pay for a loan. At the top of the market, I ...
Morgenson: Why Treasury needs Plan B on mortgages 6 Dec 2009 19:46 GMT
... Morgenson: Why Treasury needs Plan B on mortgages Published: Sunday, December 6, 2009 at 4:03 ... Obama administration rolled out the $75 billion loan modification plan to show its support for ... of America, Wells Fargo, JPMorgan Chase and Citigroup. These banks -- the very same companies ...

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reuters.com:
SEC Charges Ex-New Century Execs in Subprime Case
Subprime Mortgage News

timesonline.co.uk:
Homeowner Bailout Plan May Not Stop U.S. Housing Market Crash
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ecreditdaily.com:
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bloomberg.com:
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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]

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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

Fitch Rates Vermont Housing Finance Agency's $102MM 2009A Escrow Bonds 'AAA' [08 Dec 2009 - 23:32]
Regional Spotlight: Connecticut Home Sales Rise 11.5% in October 2009; Condo Sales Increase 10% [08 Dec 2009 - 22:56]
Patton Earns NAR Short Sales and Foreclosure Certification [08 Dec 2009 - 20:16]
LV home prices rise as sales take seasonal fall [08 Dec 2009 - 20:14]
Car Financing for the First Time Buyer [08 Dec 2009 - 20:14]

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Housing Market News

White Paper Sees Strategic Defaults Rise with Negative Equity [09 Dec 2009 - 00:17]
Dubai World loses control of W Union Square in New York in foreclosure auction [08 Dec 2009 - 23:57]
Foreclosure claims Bonniedale Farms [08 Dec 2009 - 23:54]
Farm Foreclosure Leaves 150 Animals In Limbo [08 Dec 2009 - 23:33]
Tax Credit Not Enough to Push Housing Prices Into Positive Territory [08 Dec 2009 - 23:32]

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Institutions News

Texas Association of Realtors Names Travis Kessler CEO [08 Dec 2009 - 21:25]
Federal Housing Administration's condo financing rules already scuttling projects [08 Dec 2009 - 20:49]
LandAmerica Financial Group, Inc. (LFGRQ: Pink Quote) | Deleted Symbol [08 Dec 2009 - 18:14]
Raleigh Regional Association Of REALTORS® Names Hall of Fame Award Recipients [08 Dec 2009 - 06:39]
South Florida Green Realty Realtor® Achieves National Association of Realtors® Green Designation [08 Dec 2009 - 06:39]

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Mortgage Lenders News

Northern Rock reform goes ahead in January [08 Dec 2009 - 23:59]
Fannie Mae to redeem about $540M of securities [08 Dec 2009 - 20:20]
No compensation for Northern Rock investors [08 Dec 2009 - 20:17]
Northern Rock shareholders stiffed [08 Dec 2009 - 19:43]
Northern Rock shares worthless, says valuer [08 Dec 2009 - 18:47]

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Property Developers News

ING Real Estate Community sells off US and Canadian seniors [08 Dec 2009 - 18:14]
China's Evergrande sees prop sales up 50 pct in 2010 [08 Dec 2009 - 12:32]
HKEx: Admission Of Evergrande Real Estate Group Ltd To List Of Designated Securities For Short Selling [08 Dec 2009 - 11:33]
China's Evergrande sees home sales up 50 pct in 2010 [08 Dec 2009 - 09:42]
Intellectual Property Watch examines WHO working group on drug development financing [08 Dec 2009 - 06:18]

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Real Estate Brokers News

Magazine calls DaVita, Re/Max 'military friendly' employers [08 Dec 2009 - 23:59]
Natick Re/Max collecting coats for needy people [08 Dec 2009 - 20:16]
Menards Joins Re/Max as Co-Presenting Title Sponsor of ARCA Series in 2010 [08 Dec 2009 - 16:47]
Menards, RE/MAX Named Presenting Sponsors [08 Dec 2009 - 15:45]
ZipRealty Introduces Free iPhone Application Enabling Mobile House-Hunting in More Than 4,800 Locati [08 Dec 2009 - 15:12]

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Real Estate Financing News

Mortgage Rates in U.S. Decline to Record Low [09 Dec 2009 - 00:16]
Royal Bank and TD lower some mortgage rates, leaves most unchanged [08 Dec 2009 - 23:56]
Mass. Mortgage Rates Creep Back Up To 4.7 Percent [08 Dec 2009 - 23:52]
JPMorgan CEO Dimon says expect additional losses on credit cards and home loans in 2010 [08 Dec 2009 - 23:29]
Shinseki Says VA's Home Loan Program a 'Continued Success' [08 Dec 2009 - 22:46]

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Real Estate Miscellaneous News

Syracuse Mortgage Underwriter to Pay United States Nearly $679,000 to Resolve Mortgage Fraud Allegations (PRN) [08 Dec 2009 - 23:57]
Ohio House passes bill to require insurance companies to cover treatment of autism [08 Dec 2009 - 23:56]
Syracuse Mortgage Underwriter to Pay United States Nearly $679,000 to Resolve Mortgage Fraud Allegations [08 Dec 2009 - 23:54]
State House votes to mandate insurance coverage for autism, diabetes [08 Dec 2009 - 23:29]
Webster man pleads guilty to $7M mortgage fraud [08 Dec 2009 - 22:56]

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