Banks could lose up to $120 billion from mortgage buy-backs … and more

TRD New York /
Oct.October 19, 2010 05:00 PM

1. Firms wants BofA to pay back $47 billion on shoddy mortgages [NYO] 

2. DOB to meet with architect of Brooklyn mosque at 2812 Voorhies Avenue to submit new plans [Sheepshead Bites]
3. Banks could lose up to $120 billion from mortgage buy-backs: JPMorgan [American Banking News] 

4. Billionaire Leonard Stern buys penthouse at 459 West Broadway for $14.25 million [Curbed]
5. Underwater homeowners are weighing strategic default carefully [Inman] 

6. Lawsuit dismissed for East Harlem Alliance of Responsible Merchants over property on 125th Street [Harlem + Bespoke] 

7. How can banks make money when nobody wants to borrow? [Business Insider via Patrick.net] 

8. Bill and Hillary Clinton think about moving from Chappaqua [Post] 

9. Former church building at 271-273 Manhattan Avenue back on the market for $2.2 million [Harlem + Bespoke] 

10. Morgan Stanley rumored to take over 1 million square feet at 85 Broad Street, vacated by Goldman Sachs [Post, 1st item] 

11. After years of talk, new Penn Station still a long way off: editorial [NYDN] 

12. $20 million renovation of Eldridge Street Synagogue complete [Bloomberg] 

13. Housing will fall another 20 percent, but homeowners will be bailed out: Shiller [Forbes] 

14. Experts talk about buying in a land-leased building [Brick Underground] 

15. Isabella condo in Clinton Hill launches sales [Brownstoner] 

16. 3B Bed and Breakfast to open Nov. 15 in Downtown Brooklyn [NYT]
17. GMAC Mortgage ends foreclosure moratorium in 23 states [NYO] 

18. Bia restaurant is closing, with plans to reopen as Chinito [Village Voice] 

19. Brooklyn’s baseball wall, on Third Avenue between 1st and 2nd streets, is coming down [Gothamist] 

20. What’s behind the Mortgage Electronic Registration System and why investors are getting nervous [NYT]

 

Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Kamala Harris and donors (clockwise from lower left) Francis Greenburger, Ron Moelis, Douglas Durst, Charles O'Byrne and Jonathan Gray (Getty) 

Did Kamala Harris really stare down housing lenders?

Did Kamala Harris really stare down housing lenders?
Joe Biden (Getty)

Ending 1031 exchanges: Would Biden’s plan hurt smaller owners more than Trump and peers?

Ending 1031 exchanges: Would Biden’s plan hurt smaller owners more than Trump and peers?
(iStock)

Manhattan vacancy hits new peak; Brooklyn stable

Manhattan vacancy hits new peak; Brooklyn stable
Gary LaBarbera and Bill de Blasio (Getty)

City, construction unions strike deal to hire low-income workers

City, construction unions strike deal to hire low-income workers
(iStock)

Mortgage refis will get a lot more expensive. The industry isn’t happy

Mortgage refis will get a lot more expensive. The industry isn’t happy
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...