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Construction slowdown not totally evident  "We had a very strong home-building market for a number of years, and those in business for a number of years will tell you these types of slow downs happen"


How big is mortgage mess? No one knows (MSNBC)  The U.S. mortgage-lending business is a sprawling, varied enterprise that no one regulator oversees, making it impossible to know how many mortgages or lenders not insured by the government are


At Mardi Gras, Politics Fuels Revelers   Mardi Gras spectators couldn't miss the anger and frustration Jeff Friedland and others feel about the slow pace of Hurricane Katrina recovery _ it was the theme of their costumes


U.S. Treasurer to Visit Cleveland to Offer Mortgage Financing Advice (United States Department of the Treasury)  The United States Treasurer Anna Escobedo Cabral will visit South Elyria in Cleveland, Ohio Thursday to deliver advice to homeowners who may be experiencing difficulty paying their mortgage and may


New record price for existing homes in region set in May (Reg Req'd)  If ballooning media coverage of a possible price bubble in the housing market is gnawing at consumer confidence, it hasn't shown up in home values.via


The Letter of Credit Makes a Comeback  Banks are pushing the envelope to finance second homes, possibly adding fuel to an overheated market.via

September 13th, 2005

London Office of Sidley Austin Brown & Wood Closes 3 CMBs Transactions

International law firm Sidley Austin Brown & Wood has, in the last few weeks, acted for the lead managers in three commercial mortgage backed securities or CMBS transactions.

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