Lehman Weighs Real Estate Spinoff: Report - Washington Post resize new york (reuters) - lehman brothers holdings inc (leh.n) is considering a plan to put some $32 billion of its commercial real estate and mortgage assets in a new company and spin it off, bloomberg reported on its website on thursday. under ... www.washingtonpost.com
Hypo Real Estate Sells Collineo To Sal. Oppenheim (update1) sept. 4 (bloomberg) -- hypo real estate holding ag , germany's second-biggest commercial-property lender, agreed to sell collineo asset management, which manages investments in mortgage-backed debt, to private bank sal. oppenheim jr. & cie. www.bloomberg.com
Lehman Weighs Real Estate Spinoff: Report new york (reuters) - lehman brothers holdings inc is considering a plan to put some $32 billion of its commercial real estate and mortgage assets in a new company and spin it off, bloomberg reported on its website on thursday. www.reuters.com
Gmac Plans To Cut 5,000 Jobs At Mortgage Unit - International Herald Tribune gmac financial services, a u.s. lender, said wednesday that it planned to eliminate about 5,000 jobs at its residential capital mortgage unit and close all 200 gmac mortgage retail offices to combat weak housing and credit markets in the united ... www.iht.com
Longtime Real Estate Industry Executive Bob Bill Joins Housevalues As ... - Msn Moneycentral housevalues, inc. (nasdaq: sold) today announced that longtime real estate industry executive bob bill has joined the company as vice president and general manager of broker services. bill will also serve on the company's executive management team ... news.moneycentral.msn.com
Mortgage Market Tightens Further the recent era of easy mortgages for resort real estate is over, local bankers and mortgage brokers say, and the tighter money market is having a negative effect on the aspen economy. www.aspendailynews.com
U.s. Mortgage Foreclosures, Delinquencies Reach Highs (update1) - Bloomberg sept. 5 (bloomberg) -- foreclosures accelerated in the second quarter to the fastest pace in almost three decades as interest rates increased and home values fell, prompting more americans to walk away from homes they couldn't refinance or sell. new ... www.bloomberg.com
U.s. Mortgage Foreclosures, Delinquencies Rise To 29-year Highs - Bloomberg sept. 5 (bloomberg) -- foreclosures accelerated in the second quarter to the fastest pace in almost three decades as interest rates increased and home values fell, prompting more americans to walk away from homes they couldn't refinance or sell. new ... www.bloomberg.com
Buying Or Selling In Today's Market? Internet Paves The Path To Real Estate Success (ara) - home buyers and sellers - the relationship may seem like it should be more adversarial than ever, given the current market. coming at the real estate equation from opposite sides, buyers and sellers may feel they have little in common. www.carteretnewstimes.com
Report: Real Estate Prices Down By 1.5% In August real-time real estate statistics by altos research show the las vegas real estate market continues to be the hardest hit in the country. real estate data measuring demand levels, days on market data continue to climb across the country as inventory levels begin to plateau at the end of summer. (prweb sep 5, 2008) read the full story at ... www.prweb.com
Update 1-columbia Bancorp To Close Mortgage Business, Cut Jobs - Reuters sept 5 (reuters) - columbia bancorp (cbbo.o: quote , profile , research , stock buzz ), the holding company for columbia river bank, said it plans to close its mortgage banking division, affecting about 39 jobs, as it strives to cut costs amid a ... www.reuters.com
Rangel Paid No Mortgage Interest On Beach House - Cnbc washington - rep. charles rangel paid no mortgage interest on a beach resort property for about 15 years, a lawyer for the powerful house committee chairman said friday. the new york congressman's lawyer, lanny davis, told the associated press that ... www.cnbc.com
Spain Mortgages Off 41 Pct In July - Bank Of Spain - Reuters madrid, sept 5 (reuters) - financial institutions granted 41.2 percent fewer mortgage loans to spanish households in july from a year earlier, according to preliminary data released friday by the bank of spain. mortgage loans fell to 8.33 billion ... www.reuters.com
Rpt-feature-"uber-prime" Real Estate Still Hot In London - Forbes london, sept 5 (reuters) - london's housing market may be cooling, but not when it comes to 10-bedroom mansions with designer interiors, indoor swimming pools and private gardens in the capital's most sought-after neighbourhoods. demand for these ... www.forbes.com
Florida Real Estate Bottom Signaled By Sale Of Distressed Condo sept. 4 (bloomberg) -- sales of distressed miami properties have begun, signaling a bottom for south florida's real estate market and the end of waiting for vulture funds armed with about $30 billion to spend. www.bloomberg.com
Mortgage Scam Case Nets Third Guilty Plea a palm beach county real estate investor who was videotaped describing a mortgage scam to an undercover fbi agent has pleaded guilty to one count of conspiracy to commit bank fraud and one count of mail fraud. www.palmbeachpost.com
Gmac Financial Services And Rescap Announce Further Streamlining Of ... - Forbes fort washington, pa., sept. 3 /prnewswire/ -- gmac financial services and its subsidiary residential capital, llc (rescap) today announced additional initiatives to further optimize the mortgage business as the downturn in the credit and mortgage ... www.forbes.com