The omnibus housing bill, otherwise officially know as Foreclosure Prevention Act of 2008, passed  in a 72-13 vote Saturday (July 26, 2008), the Senate concurred with previous House amendments to HR 3221.
In effect, the passing of this bill, grants the Bush administration’s request to give the Treasury Department the temporary authority to buy an unlimited amount of the […]

When searching for answers regarding the workings of financial markets – past, present and into the future – it is often wise to turn to The Wharton School, one of the most well respected academic institutions, for insights.

In a thoughtful piece entitled, Collateralized Damage: Commercial Mortgage Securities Are at a Standstill, the on-line journal, […]

As we have said on many occassions, commercial real estate is a lagging economic indicator. We have seen the strain in other areas like residential property (sub-prime crisis), rising food and gas prices, and a tightening of consumer finance options (Home Equity Lines Of Credit (HELOC), Credit Card Defaults, etc.).
Now the tail is finally starting to wag the […]

The Wall Street Journals Jonathan Karp provides a fascinating expose’, entitled HARD MONEY: Real-Estate Financier’s Death Hints At Trouble for Lenders, detailing a griping personal tale of Scott Coles and his company Mortgages, Ltd., that outlines a bizarre set of facts even greater than what fiction could believably spin.  
Unfortunately this story is true, and arguably representative […]

We never sugar coat the news, but rather provide the latest installments of information, unfettered, and in a timely fashion.

Our mission is to evaluate events and provide our clients and strategic partners with critical information that will immediately become valuable assets in their business and personal lives. Todays entry is no exception ….

Chairman Ben S. Bernanke testified before the U.S. […]

Here we go again. Recently, the headlines have been dominated by the global banks, like Bear Sterns, and their massive missteps and huge losses.
For instance, this just in from CitiGroup: $8.9 billion of write-downs in the second quarter, nearly $15 billion of losses in the last two quarters of 2008, and more than $46 […]

Effective June 1, 2008 Maryland Senate Bill 363 went into effect, basically eliminating all lenders from closing any Alt Doc loans (NINA, NO RATIO, STATED Loans) where income has not been documented to show the borrowers can afford the monthly payments.
Maryland is the fourth State (West Virginia, Minnesota, and Ohio) to pass this type of […]

So you think title is typically not an integral part of your deal. Think again!
Here is a title story, of epic proportions, told to us InmanNews. Remember this scenario the next time someone poo-poos the importance of securing title, prior to a development deal.
Some Hollywood moguls who were ready to build a $282 million movie production […]

Just to put a point to the notion that the Commercial Real Estate (CRE) market could actually become a lot worse, Seeking Alpha just posted a most interesting thumbnail analysis as to how we could see a huge downturn, with respect to the overall value in the CRE arena in the very near future.
The sale […]

Here is an absolutely fascinating analysis of the commercial real estate market as posted in Seeking Alfpha, entitled Real Estate: Modern Fundaments.
A Historical Analogy: As we think about the dominance of the dinosaur and the 40 plus million years they roamed the earth, there is a clear sense of power. It is all the more powerful […]