Archive
Archive for the ‘Economy’ Category
“Mortgage fraud caused the collapse of the America housing market.
Mortgage fraud caused the collapse of the financial markets and the insurance markets, and threatened the global economy.
Mortgage fraud was practiced on a systemic level by major Wall Street investment banks, major commercial banks, mortgage banks, and virtually the entire real estate industry…”
via How Wall Street cashed in on the American Dream, and nearly killed it.
“With close to $2 trillion in CRE loans due in the next few years and many borrowers already behind and struggling to get caught up, the nation’s banking system is bracing for another melee…”
via Memphis Daily News – Financial System Braces for CRE Loan Melee.
Economy, Lending, REnewsMarch 11th, 2010
“In addition to keeping an eye on declining property values, falling rents and rising vacancy rate numbers, the commercial real estate community is also concerned over ominous signs in banking industry numbers…”
Thinning Loan Loss Coffers May Restrict CRE Lending – CoStar Group.