Posts Tagged “Banks”

News Sources wrote an interesting post today on
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President Obama was briefed by his economic team recently about the growing financial concern over banks’ holdings of commercial real estate, FOX Business has learned.

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wrote an interesting post today on
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Pain in Spain May Linger as Banks Seek to Avoid Property LossesBloombergBanks bought about 110000 homes to keep losses off their books as Spain’s property bubble burst, according to real estate researcher RR de Acuna & Asociados …

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News Sources wrote an interesting post today on
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Real Estate News: Loan Writedowns Rise, Distressed Buyers BewareWall Street Journal (blog)Real Estate News compiles a daily wrap-up from each morning’s Wall Street Journal and other news sources. Banks Bite Bullet on Loans (WSJ): …

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News Sources wrote an interesting post today on
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The WSJ reports : The popular deals are known as “re-remic,” which stands for resecuritization of real-estate mortgage investment conduits. The way it works is that insurers and banks that hold battered securities on their books have Wall Street firms separate the good from the bad. The good mortgages are bundled together and create a security designed to get a higher rating. The weaker securities get low ratings. Regulators are pushing back, saying the transactions don’t have enough substa

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News Sources wrote an interesting post today on
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The pent up inventory is getting ready to unleash in 2010. The gigantic bet made by the bankers and Wall Street was that somehow by allowing banks to fudge numbers since the crisis started that housing would find its footing and the market would stabilize. Sweep the collapse under the bailout rug. This perceived grounding was then going to allow banks to unload these properties and avoid realizing institutional ending losses. Yet 21 months into this painful recession and trillions handed o

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