Lehman’s Clouded SunCal Bet
A mix of easy money and land speculation helps show why Lehman is scrambling to pare back its $40 billion commercial real-estate portfolio.
read more…
Salomon Brothers Variable Rate Strategic Fund Inc. as of September 30, 2005 Nov. 2, 2005--Salomon Brothers Variable Rate Strategic Fund Inc. as of September 30, 2005 Investment Objective: The Fund's investment objective is to maintain a high level of current income.read more...
High Cost of Living in New Jersey Continues If the boom is over, it went out with a bang. Home prices in North Jersey and the nation rose sharply through September, the National Association of Realtors said, at
State wants housing grant back (Reg Req'd) The Minnesota Housing Finance Agency has asked the Woodbury Community Land Trust to return a $100,000 grant, citing delays on the housing project for which the funding was awarded and
Credit-rating agency reviews ratings of mortgage insurers (Winston-Salem Journal) NEW YORK - Moody's Investors Service, a credit-rating agency, is reviewing the ratings of several local mortgage insurers and has placed negative outlooks on others.read more...
Facing Weaker Home Sales, Builders Sweeten Deals Home builders around the region are luring would-be buyers with freebies worth thousands of dollars, in an attempt to prop up sales in a slowing real estate market."> By Sandra
Mortgage Technology Industry Editor Launches Texell Interactive Media, Inc. (Real Estate News) RISMEDIA, Oct. 10, 2005 ? Well-known mortgage technology industry editor and journalist Rick Grant announced today that he has launched Texell Interactive Media, Inc., a firm specializing in a full