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FDIC's Bair Sees Bailout Money for Loan Modifications - www.LenderPolice.com
The head of the Federal Deposit Insurance Corp said Thursday she is optimistic the agency will be able to obtain money from the $700 billion bailout fund to launch its proposed home-loan modification program quickly.
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Read More Topics:Henry Paulson | Alternative Energy | Environment | Weather | Mortgages | Credit | Subprime Lending | Housing | Real Estate
Sectors:Utilities | Construction and Materials
Fear Gripping Commercial Real Estate—But Question Is Why? - www.LenderPolice.com
Posted By:Diana Olick
I’ve been reporting on Commercial Mortgage Backed Securities today and the fact that despite relatively low rates of default on commercial loans, investors are still running for the hills. The trouble, as with everything in today’s economy, is the unknown. Investors think CMBS is the next shoe to drop.
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Read More Topics:Interest Rates | Housing | Real Estate
Sectors:Financial Services | Construction and Materials
Companies:MetLife, Inc.
The Next Troubled Derivative - www.LenderPolice.com
The commercial real estate market has been slammed over the past few days, with CNBC's Diana Olick.
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Watch Video Realty Check: The Next Troubled Derivative - www.LenderPolice.com
Commercial real estate backed securities market is showing signs of continued distress, with CNBC's Diana Olick
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Watch Video Studying Syndicated Loans - www.LenderPolice.com
The commercial mortgage market could be the next area of financial distress, with Professor Anurag Gupta, NYU Stern/Case Western Reserve University
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Watch Video No job, bad mortgage - no luck - www.LenderPolice.com
All the foreclosure prevention plans announced to date will do little to help the next wave of delinquent homeowners, who can't make their monthly payments because they've lost their jobs.
UK Consumers Retreat - www.LenderPolice.com
UK consumer confidence will remain very weak despite recent falls in the price of petrol, Neil MacKinnon from ECU Group told CNBC Thursday.
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Watch Video Housing Remains First Problem - www.LenderPolice.com
The ongoing problems with the US housing market have to be dealt with before the economy can start to recover, according to Robert Shapiro, economic advisor to Barack Obama's transition team.
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