Real Estate News
-
The $25 billion settlement with banks over foreclosure abuses may result in a wave of home seizures, inflicting short-term pain on delinquent U.S. borrowers while making a long-term housing recovery more likely.
-
Brookfield Office Properties Inc. is in talks with two companies for about half of the space Bank of America Corp. will leave behind at New York’s World Financial Center, the landlord’s chief executive officer said.
-
The government’s deal with banks over their foreclosure practices after 16 months of investigations is cheap for the loan servicers while costly for bond investors including pension funds, according to Pacific Investment Management Co.’s Scott Simon.
-
Hashing out the $25 billion settlement reached by Bank of America Corp., JPMorgan Chase & Co. and three other U.S. banks with 49 states required missing some football.
Rate this Page