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South Florida condo market braces as Russia’s credit rating downgraded

South Florida condo market braces as Russia’s credit rating downgraded

Condo developers who are relying on foreign buyers to purchase a significant number of the more than 41,000 new...

South Florida condo market braces as Russia’s credit rating downgraded
Banks bypass S&P when rating CMBS

Banks bypass S&P when rating CMBS

Financial research and ratings firm Standard & Poor’s has been pushed out of commercial mortgage-backed securities deals following a $15 billion sale that went south last year, Bloomberg News reported. Last July, a massive...

Banks bypass S&P when rating CMBS
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Nationwide housing prices are worse than previously reported, decline further

The Standard & Poor’s/Case-Shiller Home Price Index hit the housing industry with a double dose of bad news in...

Nationwide housing prices are worse than previously reported, decline further
U.S. home prices inch up in August

U.S. home prices inch up in August

For the fifth consecutive month, the Standard & Poor’s/Case-Shiller Home Price Index rose in August, indicating slight increases in nationwide home prices. The 10-city and 20-city composites inched up about 0.2 percent on a...

U.S. home prices inch up in August
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Housing slump to continue at least another year: Herman

Watch the latest video at <a href=”http://video.foxbusiness.com”>video.foxbusiness.com</a> Prudential Douglas Elliman CEO Dottie Herman appeared on Fox Business this week...

Housing slump to continue at least another year: Herman
National mortgage default rates drop in July

National mortgage default rates drop in July

There has been a month-over-month decrease in national default rates for first and second mortgages, with second mortgage default...

National mortgage default rates drop in July
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Commercial real estate to stay stable, despite downgrade: CBRE

While Standard & Poor’s downgrade of the U.S. credit rating turned much of the financial industry on its head,...

Commercial real estate to stay stable, despite downgrade: CBRE
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Freddie reports 2Q loss as fall-out from downgrade continues

Freddie Mac reported a second-quarter loss of $4.69 billion and then asked the government for $1.5 billion in federal aid,...

Freddie reports 2Q loss as fall-out from downgrade continues
S&P downgrades Fannie, Freddie

S&P downgrades Fannie, Freddie

Standard & Poor’s today downgraded Fannie Mae and Freddie Mac to AA+ from AAA+ following its downgrade of the U.S. credit rating this past Friday night, the New York Times reported. The S&P explained...

S&P downgrades Fannie, Freddie
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Report shows continued spring bounce for U.S. home prices

U.S. home prices appear to have turned a corner this spring after a year’s worth of declines, but whether...

Report shows continued spring bounce for U.S. home prices
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