Posts under ‘Articles’

The mortgage crisis: Some Inside Views - Wall Street Journal Houston Chronicle (blog)The mortgage crisis: Some Inside ViewsWall Street Journal4 email to Mr. Syron and others also anticipated the potential human costs of the mortgage crisis. She tried to sway management by appealing to their decency: “[W]hat better way to highlight our [...]

LPS Selects industry Veteran Hugh R. Harris as Company CEO - Sacramento Bee Inman.comLPS Selects industry Veteran Hugh R. Harris as Company CEOSacramento BeeHarris also served as president of mortgage Corporation of the South, as vice chairman of BancBoston mortgage Corporation and was active with the mortgage Bankers Association of America. “LPS [...]

Zombie Homes - Salt Lake City Weekly Salt Lake City WeeklyZombie HomesSalt Lake City WeeklyTerrie Combs thought it couldn’t hurt to ask when she inquired about a loan-modification program offered through her mortgage holder, Bank of America. The program was subsidized by the Treasury Department through President Barack Obama’s Home …Housing Scorecard [...]

Inland real estate Corporation Prices Public Offering of 8.125% Series A . - MarketWatch (press release) Inland real estate Corporation Prices Public Offering of 8.125% Series A …MarketWatch (press release)OAK BROOK, Ill., Sep 29, 2011 (BUSINESS WIRE) — Inland real estate Corporation /quotes/zigman/360677/quotes/nls/irc IRC +3.86% today announced that it has priced an [...]

mortgage industry Tanks, Fraud Continues at Countrywide - truthout mortgage industry Tanks, Fraud Continues at CountrywidetruthoutNine months after taking over the fraud unit, Goebel says, he quit, fed up with the %26ldquo;sleaze factor%26rdquo; that had overtaken the mortgage industry. He now works as head of security for the Performing Arts Center of [...]

SEC Investigating Standard %26 Poor’s Role in mortgage-crisis CDO - Corporate Counsel Moneycontrol.comSEC Investigating Standard %26 Poor’s Role in mortgage-crisis CDOCorporate CounselOn Monday, Standard %26 Poor’s parent company McGraw-Hill reported its receipt of a Wells notice from the US Securities and Exchange Commission, warning of potential civil charges against the ratings agency [...]

How to rescue the housing market: Foreclosures! - CNNMoney How to rescue the housing market: Foreclosures!CNNMoneyFour years into the housing crisis, the real estate market is still teetering on the edge. The Obama administration has tried one program after another to stem the tide of foreclosures with limited success. And it is [...]

In 50-state foreclosure negotiations, dispute underlines basic questions - Washington Post Legal News LineIn 50-state foreclosure negotiations, dispute underlines basic questionsWashington PostIn settling claims against the largest banks related to %26ldquo;robo-signed%26rdquo; foreclosure documents and other flawed paperwork, should officials seek to rectify all the wrongs of the mortgage crisis? How big a [...]

T2 Capital preps to invest $9 million in commercial real estate - Housing Wire T2 Capital preps to invest $9 million in commercial real estateHousing Wirereal estate financier T2 Capital Management announced the closing of its $9 million, T2 Opportunity real estate fund, which is focused on acquiring short-term debt and equity [...]

Should US Become Biggest Landlord? - Housing Predictor MarketWatchShould US Become Biggest Landlord?Housing Predictor… to develop until either the Obama administration forces a revision of the mortgage modification process, which is unlikely given lender’s financial clout or all the foreclosures that are going to take place in the current crisis are completed. [...]