REAL ESTATE MORTGAGE News, Sports, Shopping, Travel information

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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

The Meeting Of Minds - Two Of Real Estate's Leading Forces Join To Provide Agents A New Way To Increase Sales ...
weathering the storm. more than ever, this is the mindset of real estate professionals throughout the country. implementing systems to increase sales productivity and hit the six-figure mark is taking a back seat to doing what's necessary to bring in enough income to pay the mortgage.
news.yahoo.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

Btb Real Estate Investment Trust Announces The Closing Of The Acquisition Of One Property For $5.5 M
the trustees of btb real estate investment trust are proud to announce that, after the conclusion of the due diligence process, it has now closed the acquisition of an office property in the city of st-bruno, province of quebec for a total cost of $5.5 m, excluding closing costs.
biz.yahoo.com

Longtime Real Estate Industry Executive Bob Bill Joins Housevalues As Vice President And General Manager Of Broker ...
housevalues, inc. 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.
biz.yahoo.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