Articles and Resources about Real Estate
Private Mortgage Insurance |
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Private mortgage insurance (PMI) -Insurance provided by private carrier that protects a lender against a loss in the event of a foreclosure and deficiency.
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Should There be Another RTC? SANTA ANA, CA-The commercial real estate industry can expect reduced demand, negative absorption and higher vacancy in 2009, but sales of investment properties should break loose from their near-standstill as distressed properties are brought to market. [read more]
Reeling from soured loans originated during the peak of the housing market, regional and national banks are turning to asset consultants to salvage thousands of reclaimed properties throughout the Valley. They hope to turn them into profitable ventures — a difficult task in a frozen credit market. [read more]
By most accounts, the commercial property market reached its pinnacle in early 2007 with the Blackstone Group ’s acquisition of Equity Office Properties Trust and its prized cache of more than 500 office buildings. [read more]
LYNN - With the number of foreclosures continuing to impact cities such as Lynn, the Lynn Housing Authority & Neighborhood Development (LHAND) has developed a two-pronged Foreclosure Prevention & Neighborhood Stabilization Program that consists of: foreclosure education, advocacy, loss-mitigation options and neighborhood-stabilization activities that focus on identifying distressed and ... [read more]
LOS ANGELES — Foreclosure search Web sites have grown increasingly popular, as more would-be homebuyers have begun focusing on finding distressed properties. [read more]
One of Dallas’ biggest developers is retooling its identity as it shifts gears to concentrate on buying properties. Koll Development Co. will now be known as KDC. [read more]
Jan. 6 (Bloomberg) -- London & Stamford Property Ltd . made its first acquisition since carrying out the second-largest initial share sale by a European property company in 2007 and said prices for U.K. stores and offices may not drop much further. [read more]
Missouri families hurt by the housing crisis could be getting some assistance this year. U.S. Senator Kit Bond has announced more than 43 million dollars in federal funds to help Missourians affected by the foreclosure crisis. [read more]
Pending U.S. home sales fell to the lowest level on record in November, as the plummeting stock market and faltering economy caused buyers to delay their purchases, the National Association of Realtors said. [read more]
Pending U.S. home sales fell to the lowest level on record in November, as the plummeting stock market and faltering economy gave more buyers cold feet, the National Association of Realtors said Tuesday. [read more]
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