Foreign condo buyers in SF help risky loan bet pay off
From left: Infinity at Brickell, Paramount Bay and Jade Ocean in Sunny Isles Beach When ST Residential outbid seven...
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Q & A with Florida real estate auction expert Doug Dennison
Douglas Dennison is the national sales coordinator for Georgia-based auction company Rowell Auctions, which he joined in February after...
Bank failures continue, squeezing consumers
Two more U.S. banks failed last Friday, bringing the tally to 279 collapsed institutions since Sept. 25, 2008, when Washington Mutual went under in the largest bank failure ever recorded. During that time period,...
Q&A with Joan Silverstein, mortgage fraud prosecutor
U.S. Attorney’s Office sees new threat: short sale fraud Silverstein was named chief of the Economic and Environmental Crimes...
Q&A with Joan Silverstein, mortgage fraud prosecutor
U.S. Attorney’s Office sees new threat: short sale fraud Silverstein was named chief of the Economic and Environmental Crimes...
Former hotelier plans to restyle Miami condos by foreclosing on errant borrowers
Barry Sternlicht and Paramount Bay condominiums Barry Sternlicht, one of the busiest buyers during the economic downturn, plans to...
It’s not easy to own a bank — especially now
Business folks, especially members of the real estate community, are zealous to engage in new business endeavors. Real estate...
Warding off defaults a priority for commercial sector
Commercial loans are defaulting at record-high rates, and many industry insiders believe the pace will only worsen, both in...
Only road to housing recovery is stemming tide of owner-occupied foreclosures
Simply put, values of real estate, stocks, companies, individuals, and most everything were artificially increased by 100 percent or...
With unemployment high, FDIC trying to prevent renewed foreclosure trauma
As the national unemployment rate remains high, the Federal Deposit Insurance Corporation is stepping up efforts to prevent another...
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