Articles About Borrowers

Author:
James I. Clark III
Posted:
11.09.2009

First CMBS Under TALF Is on the Horizon

The markets are keeping a close eye on a transaction that may jump start the commercial property debt market, even though the Federal Reserve has expressed some uneasiness with the deal.  If the transaction is successful, it could pave the way for the initial sale of commercial mortgage-backed securities (CMBS) under the government Term Asset-Backed […]

Read More ›
Author:
Jafer Hasnain
Posted:
09.17.2009

Don’t Want to Buy Distressed Assets? Then Try Insuring Them

Warren Buffett’s Berkshire Hathaway has started selling insurance coverage on foreclosed homes occupied by distressed borrowers with the goal of making money from banks hurt by the mortgage market collapse.  These policies are riskier than usual home coverage because the properties may be neglected or vandalized. “It’s part of the standard practice of Berkshire, which […]

Read More ›
Author:
Jafer Hasnain
Posted:

Don’t Want to Buy Distressed Assets? Then Try Insuring Them

Warren Buffett’s Berkshire Hathaway has started selling insurance coverage on foreclosed homes occupied by distressed borrowers with the goal of making money from banks hurt by the mortgage market collapse.  These policies are riskier than usual home coverage because the properties may be neglected or vandalized. “It’s part of the standard practice of Berkshire, which […]

Read More ›
Author:
Kurt Rosene
Posted:
06.01.2009

Las Vegas Underwater

Las Vegas may be in the middle of a desert, but right now it’s underwater.  Fully two-thirds of the once fast-growing city’s housing stock is underwater,  meaning that the owners owe more on their mortgages than the home is worth. According to www.zillow.com, borrowers who are underwater totaled 20.4 million at the end of the […]

Read More ›

Categories

Archives