Archive for November, 2009

Mortgage Debt – Cutting Edge Commentator – The Cutting Edge

Monday, November 30th, 2009

Cutting Edge Commentator – The Cutting Edge


The Cutting Edge
Cutting Edge Commentator
The Cutting Edge
Mortgage debt outstanding in 1980 was $1.463 trillion. Today it totals $14.483 trillion, a 890 percent increase in 30 years. That is an 8 percent annual

and more »

Guest contributor: Financial consequences of foreclosure, short sale can be … – North Bay Business Journal

Guest contributor: Financial consequences of foreclosure, short sale can be
North Bay Business Journal
The Mortgage Debt Foregiveness Act of 2007 and the Emergency Economic Stabilization Act of 2009 provide tax relief for debt forgiven through a short sale,

Bank of America to Sell Commercial Mortgage Debt – Bloomberg

Bank of America to Sell Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
New CMBS Issues Ready To Be Weaned Off Federal SupportCNNMoney.com
CORRECTED – UPDATE 1-BofA markets $460 mln Fortress CMBS without Fed aidReuters
BofA Offers $460M CMBS DealEmii.com
Seeking Alpha (blog) -Wall Street Journal -Reuters
all 33 news articles »

US-BUSINESS Summary – Washington Post

US-BUSINESS Summary
Washington Post
WASHINGTON (Reuters) – The Treasury Department is expected to meet with lenders on Monday to press them to do more to rework troubled home mortgage loans,

and more »

In-Geithner-We-Trust Bond Market Gets Lowest Yield – Bloomberg

In-Geithner-We-Trust Bond Market Gets Lowest Yield
Bloomberg
Even as the nation's debt increased by $1.15 trillion this year to $6.95 trillion in October, the government's interest expense under Geithner dropped 15

and more »

US Banks Can Exhale Over Dubai Debt Problems;For Now – Wall Street Journal


Washington Post
US Banks Can Exhale Over Dubai Debt Problems;For Now
Wall Street Journal
mortgage loans to shaky borrowers cause risk to the world's financial system, perhaps Dubai's surprise request to delay of some of its debt payments is
FOCUS: Dubai's Image As Econ Role Model ThreatenedWall Street Journal

all 386 news articles »

Judge Cancels $525K in Mortgage Debt, Blasts Bank’s ‘Shocking and Repulsive’ Acts – ABA Journal

Judge Cancels $525K in Mortgage Debt, Blasts Bank's 'Shocking and Repulsive' Acts
ABA Journal
A New York judge has wiped out $525000 in mortgage debt for a couple, saying the bank misled him about the amount at stake and

and more »

Developers Diversified Sells Commercial Mortgage Debt – Bloomberg


DSNews.com
Developers Diversified Sells Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
US Commercial Banks continue lending despite slower deal volumeeProp.co.za
Will Bond Plan Have Teeth?Wall Street Journal
New-Issue CMBS Sees Strong Investor InterestDSNews.com
Reuters -CoStar Group -GlobeSt. com
all 95 news articles »

Cutting Edge Commentator – The Cutting Edge


The Cutting Edge
Cutting Edge Commentator
The Cutting Edge
Mortgage debt outstanding in 1980 was $1.463 trillion. Today it totals $14.483 trillion, a 890 percent increase in 30 years. That is an 8 percent annual

and more »

Guest contributor: Financial consequences of foreclosure, short sale can be … – North Bay Business Journal

Guest contributor: Financial consequences of foreclosure, short sale can be
North Bay Business Journal
The Mortgage Debt Foregiveness Act of 2007 and the Emergency Economic Stabilization Act of 2009 provide tax relief for debt forgiven through a short sale,

Bank of America to Sell Commercial Mortgage Debt – Bloomberg

Bank of America to Sell Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
New CMBS Issues Ready To Be Weaned Off Federal SupportCNNMoney.com
CORRECTED – UPDATE 1-BofA markets $460 mln Fortress CMBS without Fed aidReuters
BofA Offers $460M CMBS DealEmii.com
Seeking Alpha (blog) -Wall Street Journal -Reuters
all 33 news articles »

US-BUSINESS Summary – Washington Post

US-BUSINESS Summary
Washington Post
WASHINGTON (Reuters) – The Treasury Department is expected to meet with lenders on Monday to press them to do more to rework troubled home mortgage loans,

and more »

In-Geithner-We-Trust Bond Market Gets Lowest Yield – Bloomberg

In-Geithner-We-Trust Bond Market Gets Lowest Yield
Bloomberg
Even as the nation's debt increased by $1.15 trillion this year to $6.95 trillion in October, the government's interest expense under Geithner dropped 15

and more »

US Banks Can Exhale Over Dubai Debt Problems;For Now – Wall Street Journal


Washington Post
US Banks Can Exhale Over Dubai Debt Problems;For Now
Wall Street Journal
mortgage loans to shaky borrowers cause risk to the world's financial system, perhaps Dubai's surprise request to delay of some of its debt payments is
FOCUS: Dubai's Image As Econ Role Model ThreatenedWall Street Journal

all 386 news articles »

Judge Cancels $525K in Mortgage Debt, Blasts Bank’s ‘Shocking and Repulsive’ Acts – ABA Journal

Judge Cancels $525K in Mortgage Debt, Blasts Bank's 'Shocking and Repulsive' Acts
ABA Journal
A New York judge has wiped out $525000 in mortgage debt for a couple, saying the bank misled him about the amount at stake and

and more »

Developers Diversified Sells Commercial Mortgage Debt – Bloomberg


DSNews.com
Developers Diversified Sells Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
US Commercial Banks continue lending despite slower deal volumeeProp.co.za
Will Bond Plan Have Teeth?Wall Street Journal
New-Issue CMBS Sees Strong Investor InterestDSNews.com
Reuters -CoStar Group -GlobeSt. com
all 95 news articles »

Mortgage Debt – New mortgage lending still on downward trend – Ireland On-Line

Monday, November 30th, 2009

New mortgage lending still on downward trend – Ireland On-Line
The level of new mortgage lending to homeowners has fallen for the seventh consecutive month, according to new figures from the Central Bank. Overall the amount of mortgage debt now outstanding has grown by just a fifth of 1% in the past 12 months

Judge Wipes Out Couple’s Mortgage Debt – AOL
(Nov. 27) — A New York couple has a lot to be thankful for this Thanksgiving weekend after a judge canceled the half-million dollar debt they owed on their Long Island home. Diane Yano-Horoski and her husband, Greg Horoski, were at risk of being

Looking at $5 Trillion in Losses and Zombie Debt in Residential – Seekingalpha.com
Mortgage debt of $5.6 trillion is a bubble legacy and the most obvious source of a renewal of the financial crisis. The application of bubble logic has been defiantly resisted by all quarters in contemplation of residential mortgage debt. High loss

Quarter of Home Borrowers Are Upside Down – HULIQ.com
Despite the fact that sales of existing homes surged once again during October, the number of looming foreclosures appears to be ready to increase. That’s because more than 10.7 million American homeowners are upside down in terms of their home

US Short Term Debt Could Lead To Dollar Decline – Nuwireinvestor.com
Porter Stansberry offers an interesting argument of why the dollar could see significant declines in the near future. He argues that the US will have difficulty paying its short term debt, 44% which is owed to foreigners. If foreigners stop buying US

Judge Cancels Couple’s Mortgage Debt, Rounds on Bank – Digital Journal
You can enter up to 10 comma-separated email addresses. A couple from Long Island, New York have seen the $525,000 mortgage on their ranch house canceled by a judge who has described the actions of their California-based bank as “harsh, repugnant

First American CoreLogic Releases Q3 Negative Equity Data – Salem-News.Com
The amount of equity for each property was determined by subtracting the property’s estimated current value from the mortgage debt outstanding. Salem-News.com (SALEM, Ore.) – First American CoreLogic, the first company to develop a national, state

Credit Card Debt Consolidation Loans Debt Consolidation Along With – PRLog (free press release)
It is like getting the home mortgage loan for getting rid of debt consolidation. All the unsecured debts, especially the credit card debts and the medical bills debts are consolidated. This is called unsecured debt consolidation. Private companies as

New mortgage lending still on downward trend – Ireland On-Line
The level of new mortgage lending to homeowners has fallen for the seventh consecutive month, according to new figures from the Central Bank. Overall the amount of mortgage debt now outstanding has grown by just a fifth of 1% in the past 12 months

Judge Wipes Out Couple’s Mortgage Debt – AOL
(Nov. 27) — A New York couple has a lot to be thankful for this Thanksgiving weekend after a judge canceled the half-million dollar debt they owed on their Long Island home. Diane Yano-Horoski and her husband, Greg Horoski, were at risk of being

Looking at $5 Trillion in Losses and Zombie Debt in Residential – Seekingalpha.com
Mortgage debt of $5.6 trillion is a bubble legacy and the most obvious source of a renewal of the financial crisis. The application of bubble logic has been defiantly resisted by all quarters in contemplation of residential mortgage debt. High loss

Quarter of Home Borrowers Are Upside Down – HULIQ.com
Despite the fact that sales of existing homes surged once again during October, the number of looming foreclosures appears to be ready to increase. That’s because more than 10.7 million American homeowners are upside down in terms of their home

US Short Term Debt Could Lead To Dollar Decline – Nuwireinvestor.com
Porter Stansberry offers an interesting argument of why the dollar could see significant declines in the near future. He argues that the US will have difficulty paying its short term debt, 44% which is owed to foreigners. If foreigners stop buying US

Judge Cancels Couple’s Mortgage Debt, Rounds on Bank – Digital Journal
You can enter up to 10 comma-separated email addresses. A couple from Long Island, New York have seen the $525,000 mortgage on their ranch house canceled by a judge who has described the actions of their California-based bank as “harsh, repugnant

First American CoreLogic Releases Q3 Negative Equity Data – Salem-News.Com
The amount of equity for each property was determined by subtracting the property’s estimated current value from the mortgage debt outstanding. Salem-News.com (SALEM, Ore.) – First American CoreLogic, the first company to develop a national, state

Credit Card Debt Consolidation Loans Debt Consolidation Along With – PRLog (free press release)
It is like getting the home mortgage loan for getting rid of debt consolidation. All the unsecured debts, especially the credit card debts and the medical bills debts are consolidated. This is called unsecured debt consolidation. Private companies as

Mortgage Debt – Cutting Edge Commentator – The Cutting Edge

Monday, November 30th, 2009

Cutting Edge Commentator – The Cutting Edge


The Cutting Edge
Cutting Edge Commentator
The Cutting Edge
Mortgage debt outstanding in 1980 was $1.463 trillion. Today it totals $14.483 trillion, a 890 percent increase in 30 years. That is an 8 percent annual

and more »

Judge Cancels $525K in Mortgage Debt, Blasts Bank’s ‘Shocking and Repulsive’ Acts – ABA Journal

Judge Cancels $525K in Mortgage Debt, Blasts Bank's 'Shocking and Repulsive' Acts
ABA Journal
A New York judge has wiped out $525000 in mortgage debt for a couple, saying the bank misled him about the amount at stake and

and more »

Cutting Edge Commentator – The Cutting Edge


The Cutting Edge
Cutting Edge Commentator
The Cutting Edge
Mortgage debt outstanding in 1980 was $1.463 trillion. Today it totals $14.483 trillion, a 890 percent increase in 30 years. That is an 8 percent annual

and more »

Judge Cancels $525K in Mortgage Debt, Blasts Bank’s ‘Shocking and Repulsive’ Acts – ABA Journal

Judge Cancels $525K in Mortgage Debt, Blasts Bank's 'Shocking and Repulsive' Acts
ABA Journal
A New York judge has wiped out $525000 in mortgage debt for a couple, saying the bank misled him about the amount at stake and

and more »

Mortgage Debt – US Banks Can Exhale Over Dubai Debt Problems;For Now – Wall Street Journal

Monday, November 30th, 2009

US Banks Can Exhale Over Dubai Debt Problems;For Now – Wall Street Journal


Washington Post
US Banks Can Exhale Over Dubai Debt Problems;For Now
Wall Street Journal
mortgage loans to shaky borrowers cause risk to the world's financial system, perhaps Dubai's surprise request to delay of some of its debt payments is
FOCUS: Dubai's Image As Econ Role Model ThreatenedWall Street Journal

all 386 news articles »

Guest contributor: Financial consequences of foreclosure, short sale can be … – North Bay Business Journal

Guest contributor: Financial consequences of foreclosure, short sale can be
North Bay Business Journal
The Mortgage Debt Foregiveness Act of 2007 and the Emergency Economic Stabilization Act of 2009 provide tax relief for debt forgiven through a short sale,

Developers Diversified Sells Commercial Mortgage Debt – Bloomberg


DSNews.com
Developers Diversified Sells Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
US Commercial Banks continue lending despite slower deal volumeeProp.co.za
Will Bond Plan Have Teeth?Wall Street Journal
New-Issue CMBS Sees Strong Investor InterestDSNews.com
Reuters -CoStar Group -GlobeSt. com
all 95 news articles »

US-BUSINESS Summary – Washington Post

US-BUSINESS Summary
Washington Post
WASHINGTON (Reuters) – The Treasury Department is expected to meet with lenders on Monday to press them to do more to rework troubled home mortgage loans,

and more »

Bank of America to Sell Commercial Mortgage Debt – Bloomberg

Bank of America to Sell Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
New CMBS Issues Ready To Be Weaned Off Federal SupportCNNMoney.com
CORRECTED – UPDATE 1-BofA markets $460 mln Fortress CMBS without Fed aidReuters
BofA Offers $460M CMBS DealEmii.com
Seeking Alpha (blog) -Wall Street Journal -Reuters
all 33 news articles »

Judge Cancels $525K in Mortgage Debt, Blasts Bank’s ‘Shocking and Repulsive’ Acts – ABA Journal

Judge Cancels $525K in Mortgage Debt, Blasts Bank's 'Shocking and Repulsive' Acts
ABA Journal
A New York judge has wiped out $525000 in mortgage debt for a couple, saying the bank misled him about the amount at stake and

and more »

New mortgage lending still on downward trend – Ireland Online


Sky News
New mortgage lending still on downward trend
Ireland Online
Overall the amount of mortgage debt now outstanding has grown by just a fifth of 1% in the past 12 months, reflecting both a drop in demand from homebuyers
Consumers Repay Record Amount Of Debt In OctoberNew York Times
UK mortgage approvals rise for 11th straight monthBusinessWeek
Consumers Repay Record Debt In OctoberSky News
BBC News -Times Online -Irish Times
all 108 news articles »

In-Geithner-We-Trust Bond Market Gets Lowest Yield – Bloomberg

In-Geithner-We-Trust Bond Market Gets Lowest Yield
Bloomberg
Even as the nation's debt increased by $1.15 trillion this year to $6.95 trillion in October, the government's interest expense under Geithner dropped 15

and more »

European Stocks Decline as Dubai Support Pledge Fails to Assuage Investors – Bloomberg


Daily Nation
European Stocks Decline as Dubai Support Pledge Fails to Assuage Investors
Bloomberg
Lloyds Banking Group Plc, the uk's largest mortgage lender, slid 4 percent to 56.26 pence. Standard Chartered Plc, which makes most of its profit it
Wall Street Breakfast: Must-Know NewsSeeking Alpha (blog)
Dubai property recovery under threatRediff
A little oil, a lot of land and 100% debtHa’aretz
Minyanville.com -RTT News -Asia Times Online
all 2,977 news articles »

Cutting Edge Commentator – The Cutting Edge


The Cutting Edge
Cutting Edge Commentator
The Cutting Edge
Mortgage debt outstanding in 1980 was $1.463 trillion. Today it totals $14.483 trillion, a 890 percent increase in 30 years. That is an 8 percent annual

and more »

US Banks Can Exhale Over Dubai Debt Problems;For Now – Wall Street Journal


Washington Post
US Banks Can Exhale Over Dubai Debt Problems;For Now
Wall Street Journal
mortgage loans to shaky borrowers cause risk to the world's financial system, perhaps Dubai's surprise request to delay of some of its debt payments is
FOCUS: Dubai's Image As Econ Role Model ThreatenedWall Street Journal

all 386 news articles »

Guest contributor: Financial consequences of foreclosure, short sale can be … – North Bay Business Journal

Guest contributor: Financial consequences of foreclosure, short sale can be
North Bay Business Journal
The Mortgage Debt Foregiveness Act of 2007 and the Emergency Economic Stabilization Act of 2009 provide tax relief for debt forgiven through a short sale,

Developers Diversified Sells Commercial Mortgage Debt – Bloomberg


DSNews.com
Developers Diversified Sells Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
US Commercial Banks continue lending despite slower deal volumeeProp.co.za
Will Bond Plan Have Teeth?Wall Street Journal
New-Issue CMBS Sees Strong Investor InterestDSNews.com
Reuters -CoStar Group -GlobeSt. com
all 95 news articles »

US-BUSINESS Summary – Washington Post

US-BUSINESS Summary
Washington Post
WASHINGTON (Reuters) – The Treasury Department is expected to meet with lenders on Monday to press them to do more to rework troubled home mortgage loans,

and more »

Bank of America to Sell Commercial Mortgage Debt – Bloomberg

Bank of America to Sell Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
New CMBS Issues Ready To Be Weaned Off Federal SupportCNNMoney.com
CORRECTED – UPDATE 1-BofA markets $460 mln Fortress CMBS without Fed aidReuters
BofA Offers $460M CMBS DealEmii.com
Seeking Alpha (blog) -Wall Street Journal -Reuters
all 33 news articles »

Judge Cancels $525K in Mortgage Debt, Blasts Bank’s ‘Shocking and Repulsive’ Acts – ABA Journal

Judge Cancels $525K in Mortgage Debt, Blasts Bank's 'Shocking and Repulsive' Acts
ABA Journal
A New York judge has wiped out $525000 in mortgage debt for a couple, saying the bank misled him about the amount at stake and

and more »

New mortgage lending still on downward trend – Ireland Online


Sky News
New mortgage lending still on downward trend
Ireland Online
Overall the amount of mortgage debt now outstanding has grown by just a fifth of 1% in the past 12 months, reflecting both a drop in demand from homebuyers
Consumers Repay Record Amount Of Debt In OctoberNew York Times
UK mortgage approvals rise for 11th straight monthBusinessWeek
Consumers Repay Record Debt In OctoberSky News
BBC News -Times Online -Irish Times
all 108 news articles »

In-Geithner-We-Trust Bond Market Gets Lowest Yield – Bloomberg

In-Geithner-We-Trust Bond Market Gets Lowest Yield
Bloomberg
Even as the nation's debt increased by $1.15 trillion this year to $6.95 trillion in October, the government's interest expense under Geithner dropped 15

and more »

European Stocks Decline as Dubai Support Pledge Fails to Assuage Investors – Bloomberg


Daily Nation
European Stocks Decline as Dubai Support Pledge Fails to Assuage Investors
Bloomberg
Lloyds Banking Group Plc, the uk's largest mortgage lender, slid 4 percent to 56.26 pence. Standard Chartered Plc, which makes most of its profit it
Wall Street Breakfast: Must-Know NewsSeeking Alpha (blog)
Dubai property recovery under threatRediff
A little oil, a lot of land and 100% debtHa’aretz
Minyanville.com -RTT News -Asia Times Online
all 2,977 news articles »

Cutting Edge Commentator – The Cutting Edge


The Cutting Edge
Cutting Edge Commentator
The Cutting Edge
Mortgage debt outstanding in 1980 was $1.463 trillion. Today it totals $14.483 trillion, a 890 percent increase in 30 years. That is an 8 percent annual

and more »

Mortgage Debt – Dubai Jitters Spread – Wall Street Journal

Sunday, November 29th, 2009

Dubai Jitters Spread – Wall Street Journal


guardian.co.uk
Dubai Jitters Spread
Wall Street Journal
The worry is that sovereign debt may now represent another aftershock of the global financial crisis. "First, people were worried about mortgage debtors.
Dubai World announcement serves as wake-up call to world marketsAME Info
Abu Dhabi to 'assist' Dubai WorldAljazeera.net
Dubai's Move on Debt Rattles Markets WorldwideNew York Times
7DAYS -Bloomberg -MarketWatch
all 6,703 news articles »

Detroit’s compounding debt points to disaster – Detroit Free Press

Detroit's compounding debt points to disaster
Detroit Free Press
Yes, it's as bad as it sounds: The city's acquiring new, long-term debt to help retire a short-term obligation, which is like taking out a mortgage to pay

and more »

Developers Diversified Sells Commercial Mortgage Debt – Bloomberg


DSNews.com
Developers Diversified Sells Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
US Commercial Banks continue lending despite slower deal volumeeProp.co.za
Will Bond Plan Have Teeth?Wall Street Journal
New-Issue CMBS Sees Strong Investor InterestDSNews.com
Reuters -CoStar Group -GlobeSt. com
all 95 news articles »

Dubai Jitters Spread – Wall Street Journal


guardian.co.uk
Dubai Jitters Spread
Wall Street Journal
The worry is that sovereign debt may now represent another aftershock of the global financial crisis. "First, people were worried about mortgage debtors.
Dubai World announcement serves as wake-up call to world marketsAME Info
Abu Dhabi to 'assist' Dubai WorldAljazeera.net
Dubai's Move on Debt Rattles Markets WorldwideNew York Times
7DAYS -Bloomberg -MarketWatch
all 6,703 news articles »

Detroit’s compounding debt points to disaster – Detroit Free Press

Detroit's compounding debt points to disaster
Detroit Free Press
Yes, it's as bad as it sounds: The city's acquiring new, long-term debt to help retire a short-term obligation, which is like taking out a mortgage to pay

and more »

Developers Diversified Sells Commercial Mortgage Debt – Bloomberg


DSNews.com
Developers Diversified Sells Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
US Commercial Banks continue lending despite slower deal volumeeProp.co.za
Will Bond Plan Have Teeth?Wall Street Journal
New-Issue CMBS Sees Strong Investor InterestDSNews.com
Reuters -CoStar Group -GlobeSt. com
all 95 news articles »

Mortgage Debt – Foreclosure ruling sends message to lenders – Newsday (subscription)

Sunday, November 29th, 2009

Foreclosure ruling sends message to lenders – Newsday (subscription)


Newsday (subscription)
Foreclosure ruling sends message to lenders
Newsday (subscription)
(November 24, 2009) A Suffolk judge's decision to wipe out the mortgage debt of a foreclosed-upon East Patchogue couple may send a message to predatory

Looking at $5 Trillion in Losses and Zombie Debt in Residential Mortgages – Seeking Alpha (blog)

Looking at $5 Trillion in Losses and Zombie Debt in Residential Mortgages
Seeking Alpha (blog)
Mortgage debt of $5.6 trillion is a bubble legacy and the most obvious source of a renewal of the financial crisis. The application of bubble logic has been

Detroit’s compounding debt points to disaster – Detroit Free Press

Detroit's compounding debt points to disaster
Detroit Free Press
Yes, it's as bad as it sounds: The city's acquiring new, long-term debt to help retire a short-term obligation, which is like taking out a mortgage to pay

and more »

Bank of America to Sell Commercial Mortgage Debt – Bloomberg

Bank of America to Sell Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
New CMBS Issues Ready To Be Weaned Off Federal SupportCNNMoney.com
CORRECTED – UPDATE 1-BofA markets $460 mln Fortress CMBS without Fed aidReuters
BofA Offers $460M CMBS DealEmii.com
Seeking Alpha (blog) -Wall Street Journal -Reuters
all 33 news articles »

Judge Cancels Couple’s Mortgage Debt, Rounds on Bank – DigitalJournal.com


Times Online
Judge Cancels Couple's Mortgage Debt, Rounds on Bank
DigitalJournal.com
A couple from Long Island, New York have seen the $525000 mortgage on their ranch house canceled by a judge who has described the actions of their
Judge cancels LI family's mortgage, berates lenderNewsday (subscription)
On Long Island, A Dumb And Expensive RulingistockAnalyst.com (press release)
Judge Erases $525G Mortgage for NY Couple, Citing 'Repulsive' Acts by BankFOXNews
NBC New York -Daily Telegraph -7Online.com
all 48 news articles »

Dubai Jitters Spread – Wall Street Journal


guardian.co.uk
Dubai Jitters Spread
Wall Street Journal
The worry is that sovereign debt may now represent another aftershock of the global financial crisis. "First, people were worried about mortgage debtors.
Dubai World announcement serves as wake-up call to world marketsAME Info
Abu Dhabi to 'assist' Dubai WorldAljazeera.net
Dubai's Move on Debt Rattles Markets WorldwideNew York Times
7DAYS -Bloomberg -MarketWatch
all 6,703 news articles »

Developers Diversified Sells Commercial Mortgage Debt – Bloomberg


DSNews.com
Developers Diversified Sells Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
US Commercial Banks continue lending despite slower deal volumeeProp.co.za
Will Bond Plan Have Teeth?Wall Street Journal
New-Issue CMBS Sees Strong Investor InterestDSNews.com
Reuters -CoStar Group -GlobeSt. com
all 95 news articles »

US Treasury to Push Lenders to Finish More Home Modifications – Bloomberg

US Treasury to Push Lenders to Finish More Home Modifications
Bloomberg
The Mortgage Bankers Association, the industry's largest trade group, predicts foreclosures won't peak until after unemployment rates crest,

and more »

Stocks face Dubai, jobs and Ben’s Act II – Reuters


Reuters
Stocks face Dubai, jobs and Ben's Act II
Reuters
The shocking move jolted investors with its echoes of the collapse of the US subprime mortgage market that sent reverberations through global financial

and more »

Foreclosure ruling sends message to lenders – Newsday (subscription)


Newsday (subscription)
Foreclosure ruling sends message to lenders
Newsday (subscription)
(November 24, 2009) A Suffolk judge's decision to wipe out the mortgage debt of a foreclosed-upon East Patchogue couple may send a message to predatory

Looking at $5 Trillion in Losses and Zombie Debt in Residential Mortgages – Seeking Alpha (blog)

Looking at $5 Trillion in Losses and Zombie Debt in Residential Mortgages
Seeking Alpha (blog)
Mortgage debt of $5.6 trillion is a bubble legacy and the most obvious source of a renewal of the financial crisis. The application of bubble logic has been

Detroit’s compounding debt points to disaster – Detroit Free Press

Detroit's compounding debt points to disaster
Detroit Free Press
Yes, it's as bad as it sounds: The city's acquiring new, long-term debt to help retire a short-term obligation, which is like taking out a mortgage to pay

and more »

Bank of America to Sell Commercial Mortgage Debt – Bloomberg

Bank of America to Sell Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
New CMBS Issues Ready To Be Weaned Off Federal SupportCNNMoney.com
CORRECTED – UPDATE 1-BofA markets $460 mln Fortress CMBS without Fed aidReuters
BofA Offers $460M CMBS DealEmii.com
Seeking Alpha (blog) -Wall Street Journal -Reuters
all 33 news articles »

Judge Cancels Couple’s Mortgage Debt, Rounds on Bank – DigitalJournal.com


Times Online
Judge Cancels Couple's Mortgage Debt, Rounds on Bank
DigitalJournal.com
A couple from Long Island, New York have seen the $525000 mortgage on their ranch house canceled by a judge who has described the actions of their
Judge cancels LI family's mortgage, berates lenderNewsday (subscription)
On Long Island, A Dumb And Expensive RulingistockAnalyst.com (press release)
Judge Erases $525G Mortgage for NY Couple, Citing 'Repulsive' Acts by BankFOXNews
NBC New York -Daily Telegraph -7Online.com
all 48 news articles »

Dubai Jitters Spread – Wall Street Journal


guardian.co.uk
Dubai Jitters Spread
Wall Street Journal
The worry is that sovereign debt may now represent another aftershock of the global financial crisis. "First, people were worried about mortgage debtors.
Dubai World announcement serves as wake-up call to world marketsAME Info
Abu Dhabi to 'assist' Dubai WorldAljazeera.net
Dubai's Move on Debt Rattles Markets WorldwideNew York Times
7DAYS -Bloomberg -MarketWatch
all 6,703 news articles »

Developers Diversified Sells Commercial Mortgage Debt – Bloomberg


DSNews.com
Developers Diversified Sells Commercial Mortgage Debt
Bloomberg
Sales of commercial mortgage-backed debt slumped to $12.2 billion last year from a record $237 billion in 2007, choking off financing to borrowers with
US Commercial Banks continue lending despite slower deal volumeeProp.co.za
Will Bond Plan Have Teeth?Wall Street Journal
New-Issue CMBS Sees Strong Investor InterestDSNews.com
Reuters -CoStar Group -GlobeSt. com
all 95 news articles »

US Treasury to Push Lenders to Finish More Home Modifications – Bloomberg

US Treasury to Push Lenders to Finish More Home Modifications
Bloomberg
The Mortgage Bankers Association, the industry's largest trade group, predicts foreclosures won't peak until after unemployment rates crest,

and more »

Stocks face Dubai, jobs and Ben’s Act II – Reuters


Reuters
Stocks face Dubai, jobs and Ben's Act II
Reuters
The shocking move jolted investors with its echoes of the collapse of the US subprime mortgage market that sent reverberations through global financial

and more »

Mortgage Debt – BoS linked to high-risk mortgages – Financial Times

Sunday, November 29th, 2009

BoS linked to high-risk mortgages – Financial Times
Bank of Scotland Private Bank, part of the state-supported Lloyds Banking Group, has been linked to one of the riskiest forms of mortgage lending – in which a manager trades different currencies with the intention of reducing the borrower’s debt

Judge Wipes Out Couple’s Mortgage Debt – AOL
(Nov. 27) — A New York couple has a lot to be thankful for this Thanksgiving weekend after a judge canceled the half-million dollar debt they owed on their Long Island home. Diane Yano-Horoski and her husband, Greg Horoski, were at risk of being

Looking at $5 Trillion in Losses and Zombie Debt in Residential – Seekingalpha.com
Mortgage debt of $5.6 trillion is a bubble legacy and the most obvious source of a renewal of the financial crisis. The application of bubble logic has been defiantly resisted by all quarters in contemplation of residential mortgage debt. High loss

First American CoreLogic Releases Q3 Negative Equity Data – Salem-News.Com
The amount of equity for each property was determined by subtracting the property’s estimated current value from the mortgage debt outstanding. Salem-News.com (SALEM, Ore.) – First American CoreLogic, the first company to develop a national, state

Foreclosure ruling sends message to lenders – Newsday
A Suffolk judge’s decision to wipe out the mortgage debt of a foreclosed-upon East Patchogue couple may send a message to predatory subprime lenders that unless they work to save their customers’ homes, they stand to lose everything, some real estate

Norway Household Risk Rises as Debt Grows, Bergo Says (Update1) – Bloomberg
increasing it,” Bergo, who is now alternate director at the International Monetary Fund’s Nordic and Baltic office, said in an interview in Oslo yesterday. About 90 percent of the country’s mortgage holders have floating rate loans, the

America’s New Method of Debt Repayment Is Shuffled and Disturbing – Minyanville
A fundamental cornerstone to the American financial system has been the belief that, in good times and in bad, consumers would pay their mortgage first and everything else second. Recent data no longer support this. As most Minyans know well

BoS linked to high-risk mortgages – Financial Times
Bank of Scotland Private Bank, part of the state-supported Lloyds Banking Group, has been linked to one of the riskiest forms of mortgage lending – in which a manager trades different currencies with the intention of reducing the borrower’s debt

Judge Wipes Out Couple’s Mortgage Debt – AOL
(Nov. 27) — A New York couple has a lot to be thankful for this Thanksgiving weekend after a judge canceled the half-million dollar debt they owed on their Long Island home. Diane Yano-Horoski and her husband, Greg Horoski, were at risk of being

Looking at $5 Trillion in Losses and Zombie Debt in Residential – Seekingalpha.com
Mortgage debt of $5.6 trillion is a bubble legacy and the most obvious source of a renewal of the financial crisis. The application of bubble logic has been defiantly resisted by all quarters in contemplation of residential mortgage debt. High loss

First American CoreLogic Releases Q3 Negative Equity Data – Salem-News.Com
The amount of equity for each property was determined by subtracting the property’s estimated current value from the mortgage debt outstanding. Salem-News.com (SALEM, Ore.) – First American CoreLogic, the first company to develop a national, state

Foreclosure ruling sends message to lenders – Newsday
A Suffolk judge’s decision to wipe out the mortgage debt of a foreclosed-upon East Patchogue couple may send a message to predatory subprime lenders that unless they work to save their customers’ homes, they stand to lose everything, some real estate

Norway Household Risk Rises as Debt Grows, Bergo Says (Update1) – Bloomberg
increasing it,” Bergo, who is now alternate director at the International Monetary Fund’s Nordic and Baltic office, said in an interview in Oslo yesterday. About 90 percent of the country’s mortgage holders have floating rate loans, the

America’s New Method of Debt Repayment Is Shuffled and Disturbing – Minyanville
A fundamental cornerstone to the American financial system has been the belief that, in good times and in bad, consumers would pay their mortgage first and everything else second. Recent data no longer support this. As most Minyans know well

Mortgage Debt – Judge Cancels Couple’s Mortgage Debt, Rounds on Bank – DigitalJournal.com

Sunday, November 29th, 2009

Judge Cancels Couple’s Mortgage Debt, Rounds on Bank – DigitalJournal.com


Times Online
Judge Cancels Couple's Mortgage Debt, Rounds on Bank
DigitalJournal.com
A couple from Long Island, New York have seen the $525000 mortgage on their ranch house canceled by a judge who has described the actions of their
Judge cancels LI family's mortgage, berates lenderNewsday (subscription)
On Long Island, A Dumb And Expensive RulingistockAnalyst.com (press release)
Judge Erases $525G Mortgage for NY Couple, Citing 'Repulsive' Acts by BankFOXNews
NBC New York -Daily Telegraph -7Online.com
all 48 news articles »

Dubai Jitters Spread – Wall Street Journal


CBC.ca
Dubai Jitters Spread
Wall Street Journal
The worry is that sovereign debt may now represent another aftershock of the global financial crisis. "First, people were worried about mortgage debtors.
Dubai World announcement serves as wake-up call to world marketsAME Info
Abu Dhabi to 'assist' Dubai WorldAljazeera.net
The meaning of debt7DAYS
New York Times -Bloomberg -MarketWatch
all 5,156 news articles »

Detroit’s compounding debt points to disaster – Detroit Free Press

Detroit's compounding debt points to disaster
Detroit Free Press
Yes, it's as bad as it sounds: The city's acquiring new, long-term debt to help retire a short-term obligation, which is like taking out a mortgage to pay

and more »

CREDIT MARKETS: Dubai Debt Concerns Drive Treasurys Higher – Wall Street Journal


New York Daily News
CREDIT MARKETS: Dubai Debt Concerns Drive Treasurys Higher
Wall Street Journal
The Federal Reserve extended $1.3 billion in loans to investors to buy existing commercial mortgage bonds under the Term Asset-Backed Securities Loan
Stocks slide on concerns about Dubai debt falloutThe Associated Press
Monday Morning Outlook: Dubai a Downer for Dow Jones Industrial AverageSchaeffers Research

all 1,103 news articles »

Looking at $5 Trillion in Losses and Zombie Debt in Residential Mortgages – Seeking Alpha (blog)

Looking at $5 Trillion in Losses and Zombie Debt in Residential Mortgages
Seeking Alpha (blog)
Mortgage debt of $5.6 trillion is a bubble legacy and the most obvious source of a renewal of the financial crisis. The application of bubble logic has been

Judge Cancels Couple’s Mortgage Debt, Rounds on Bank – DigitalJournal.com


Times Online
Judge Cancels Couple's Mortgage Debt, Rounds on Bank
DigitalJournal.com
A couple from Long Island, New York have seen the $525000 mortgage on their ranch house canceled by a judge who has described the actions of their
Judge cancels LI family's mortgage, berates lenderNewsday (subscription)
On Long Island, A Dumb And Expensive RulingistockAnalyst.com (press release)
Judge Erases $525G Mortgage for NY Couple, Citing 'Repulsive' Acts by BankFOXNews
NBC New York -Daily Telegraph -7Online.com
all 48 news articles »

Dubai Jitters Spread – Wall Street Journal


CBC.ca
Dubai Jitters Spread
Wall Street Journal
The worry is that sovereign debt may now represent another aftershock of the global financial crisis. "First, people were worried about mortgage debtors.
Dubai World announcement serves as wake-up call to world marketsAME Info
Abu Dhabi to 'assist' Dubai WorldAljazeera.net
The meaning of debt7DAYS
New York Times -Bloomberg -MarketWatch
all 5,156 news articles »

Detroit’s compounding debt points to disaster – Detroit Free Press

Detroit's compounding debt points to disaster
Detroit Free Press
Yes, it's as bad as it sounds: The city's acquiring new, long-term debt to help retire a short-term obligation, which is like taking out a mortgage to pay

and more »

CREDIT MARKETS: Dubai Debt Concerns Drive Treasurys Higher – Wall Street Journal


New York Daily News
CREDIT MARKETS: Dubai Debt Concerns Drive Treasurys Higher
Wall Street Journal
The Federal Reserve extended $1.3 billion in loans to investors to buy existing commercial mortgage bonds under the Term Asset-Backed Securities Loan
Stocks slide on concerns about Dubai debt falloutThe Associated Press
Monday Morning Outlook: Dubai a Downer for Dow Jones Industrial AverageSchaeffers Research

all 1,103 news articles »

Looking at $5 Trillion in Losses and Zombie Debt in Residential Mortgages – Seeking Alpha (blog)

Looking at $5 Trillion in Losses and Zombie Debt in Residential Mortgages
Seeking Alpha (blog)
Mortgage debt of $5.6 trillion is a bubble legacy and the most obvious source of a renewal of the financial crisis. The application of bubble logic has been

Mortgage Debt – BoS linked to high-risk mortgages – Financial Times

Sunday, November 29th, 2009

BoS linked to high-risk mortgages – Financial Times
Bank of Scotland Private Bank, part of the state-supported Lloyds Banking Group, has been linked to one of the riskiest forms of mortgage lending – in which a manager trades different currencies with the intention of reducing the borrower’s debt

Fitch downgrades Galleria towers debt; owner vows not to default – Denton Record-Chronicle
Fitch downgraded and revised its outlook on the towers’ financing when it looked at commercial mortgage debt held by a JPMorgan Chase Commercial Mortgage Securities Trust. But the California-based owner of the properties said Friday that the loan is

Looking at $5 Trillion in Losses and Zombie Debt in Residential – Seekingalpha.com
Mortgage debt of $5.6 trillion is a bubble legacy and the most obvious source of a renewal of the financial crisis. The application of bubble logic has been defiantly resisted by all quarters in contemplation of residential mortgage debt. High loss

First American CoreLogic Releases Q3 Negative Equity Data – Salem-News.Com
The amount of equity for each property was determined by subtracting the property’s estimated current value from the mortgage debt outstanding. Salem-News.com (SALEM, Ore.) – First American CoreLogic, the first company to develop a national, state

Judge Cancels Couple’s Mortgage Debt, Rounds on Bank – Digital Journal
You can enter up to 10 comma-separated email addresses. A couple from Long Island, New York have seen the $525,000 mortgage on their ranch house canceled by a judge who has described the actions of their California-based bank as “harsh, repugnant

BoS linked to high-risk mortgages – Financial Times
Bank of Scotland Private Bank, part of the state-supported Lloyds Banking Group, has been linked to one of the riskiest forms of mortgage lending – in which a manager trades different currencies with the intention of reducing the borrower’s debt

Fitch downgrades Galleria towers debt; owner vows not to default – Denton Record-Chronicle
Fitch downgraded and revised its outlook on the towers’ financing when it looked at commercial mortgage debt held by a JPMorgan Chase Commercial Mortgage Securities Trust. But the California-based owner of the properties said Friday that the loan is

Looking at $5 Trillion in Losses and Zombie Debt in Residential – Seekingalpha.com
Mortgage debt of $5.6 trillion is a bubble legacy and the most obvious source of a renewal of the financial crisis. The application of bubble logic has been defiantly resisted by all quarters in contemplation of residential mortgage debt. High loss

First American CoreLogic Releases Q3 Negative Equity Data – Salem-News.Com
The amount of equity for each property was determined by subtracting the property’s estimated current value from the mortgage debt outstanding. Salem-News.com (SALEM, Ore.) – First American CoreLogic, the first company to develop a national, state

Judge Cancels Couple’s Mortgage Debt, Rounds on Bank – Digital Journal
You can enter up to 10 comma-separated email addresses. A couple from Long Island, New York have seen the $525,000 mortgage on their ranch house canceled by a judge who has described the actions of their California-based bank as “harsh, repugnant

Mortgage Debt – Judge Cancels Couple’s Mortgage Debt, Rounds on Bank – Digital Journal

Sunday, November 29th, 2009

Judge Cancels Couple’s Mortgage Debt, Rounds on Bank – Digital Journal
You can enter up to 10 comma-separated email addresses. A couple from Long Island, New York have seen the $525,000 mortgage on their ranch house canceled by a judge who has described the actions of their California-based bank as “harsh, repugnant

Judge Wipes Out Couple’s Mortgage Debt – AOL
(Nov. 27) — A New York couple has a lot to be thankful for this Thanksgiving weekend after a judge canceled the half-million dollar debt they owed on their Long Island home. Diane Yano-Horoski and her husband, Greg Horoski, were at risk of being

BoS linked to high-risk mortgages – Financial Times
Bank of Scotland Private Bank, part of the state-supported Lloyds Banking Group, has been linked to one of the riskiest forms of mortgage lending – in which a manager trades different currencies with the intention of reducing the borrower’s debt

First American CoreLogic Releases Q3 Negative Equity Data – Salem-News.Com
The amount of equity for each property was determined by subtracting the property’s estimated current value from the mortgage debt outstanding. Salem-News.com (SALEM, Ore.) – First American CoreLogic, the first company to develop a national, state

Judge Cancels Couple’s Mortgage Debt, Rounds on Bank – Digital Journal
You can enter up to 10 comma-separated email addresses. A couple from Long Island, New York have seen the $525,000 mortgage on their ranch house canceled by a judge who has described the actions of their California-based bank as “harsh, repugnant

Judge Wipes Out Couple’s Mortgage Debt – AOL
(Nov. 27) — A New York couple has a lot to be thankful for this Thanksgiving weekend after a judge canceled the half-million dollar debt they owed on their Long Island home. Diane Yano-Horoski and her husband, Greg Horoski, were at risk of being

BoS linked to high-risk mortgages – Financial Times
Bank of Scotland Private Bank, part of the state-supported Lloyds Banking Group, has been linked to one of the riskiest forms of mortgage lending – in which a manager trades different currencies with the intention of reducing the borrower’s debt

First American CoreLogic Releases Q3 Negative Equity Data – Salem-News.Com
The amount of equity for each property was determined by subtracting the property’s estimated current value from the mortgage debt outstanding. Salem-News.com (SALEM, Ore.) – First American CoreLogic, the first company to develop a national, state