Simone Places $90M First Mortgage on Hutchinson Metro Center (GlobeSt.com) BRONX, NY-Simone Development Cos. has placed a $90-million permanent first mortgage on its 460,000-sf Hutchinson Metro Center here. According to Simone president Joseph Simone, the 10-year loan is the largest
Wave of Economic Pain Isn't Over The risk of financial catastrophe has receded, barring any unanticipated collapse of a pillar of Wall Street or a European bank. But the economy where most Americans live and work
Mortgage Bulk Buying Power Online (Ananova) An online mortgage service claims it can cut the cost of borrowing by making lenders bid for business.read more...
Fuel prices affecting car sales, sort of While local car dealers have been selling more small cars in recent weeks due to rising gas prices, don't expect gas-hungry trucks and sport utility vehicles' popularity to end soon.read
When Condo Wars Heat Up, Common Sense Can Evaporate Let me tell you a story about a game of hardball played over a hot, summery weekend. It happened not at Nationals Park but in a well-kept condominium complex in
Ex-Fannie Mae accountant slams report A former Fannie Mae accountant who gave regulators key information in their probe of the mortgage giant says a report commissioned by the company's board paints a false picture of
WASHINGTON —Economic policymakers on Thursday recommended stricter regulation of mortgage lenders as part of a broad effort to prevent a repeat of a credit crisis threatening to drive the country into recession.
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