federal-deposit

FDIC sells $491M in distressed mortgages; Roundpoint Mortgage pays $34M for 50 percent stake

WASHINGTON - The Federal Deposit Insurance Corp. has sold $490.7 million in troubled mortgage loans from 19 banks that failed between August 2008 and March 2009 as it works through an inventory of assets from the institutions it has taken over.

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FDIC sells $491M in distressed mortgages; Roundpoint Mortgage pays $34M for 50 percent stake

federal-deposit

S. Fla. minister, wife sentenced in $6 million mortgage scheme

A Miami-Dade minister was sentenced Wednesday to 20 years and his wife to 4 ½ years in prison for their convictions in a $6 million mortgage scheme fueled by drug money.

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S. Fla. minister, wife sentenced in $6 million mortgage scheme

federal-deposit

FDIC Chairman Questions Mortgage Interest Tax Deduction (MalaysiaNews.net)

WASHINGTON–Federal Deposit Insurance Corporation Chairman Sheila Bair came close to the third rail of tax policies Monday, citing the federal tax deduction for mortgage interest as one of the causes…

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FDIC Chairman Questions Mortgage Interest Tax Deduction (MalaysiaNews.net)

federal-deposit

Lennar To Pay FDIC $243 Million For Real-Estate Loan Portfolio (MalaysiaNews.net)

LEN ) agreed to pay the Federal Deposit Insurance Corp. $243 million for a stake in a portfolio of 5,500 distressed residential and commercial real estate loans from 22 failed banks. Rialto Capital …

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Lennar To Pay FDIC $243 Million For Real-Estate Loan Portfolio (MalaysiaNews.net)

federal-deposit

Real estate group looks on bright side (San Diego Union-Tribune)

Hotels are in the worst shape in the real estate world, home buyers can’t get mortgages easily, and retail and office developments will suffer from large vacancies for years to come, real estate indu

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Real estate group looks on bright side (San Diego Union-Tribune)

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Bank debacle sends FDIC real-estate sales to highest level since 1994 (Denver Post)

Federal Deposit Insurance Corp. real-estate sales this year are the highest since 1994 as the regulator takes over properties held by failed lenders.

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Bank debacle sends FDIC real-estate sales to highest level since 1994 (Denver Post)

federal-deposit

Preparations Prior To Miami Real Estate Home Selling (Turks.US)

Selling a home need a lot of preparation and plan, there are many factors that are need to be considered if you want to have a quick sell. In Miami real estate market, there are lots of homes that are for sale which you need to learn about before giving out your asking price.

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Preparations Prior To Miami Real Estate Home Selling (Turks.US)

federal-deposit

FDIC Sells Most Real Estate Since 1994 on U.S. Banking Debacle (Bloomberg)

Nov. 17 (Bloomberg) — The Federal Deposit Insurance Corp.

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FDIC Sells Most Real Estate Since 1994 on U.S. Banking Debacle (Bloomberg)

federal-deposit

FDIC failed to limit commercial real estate loans, watchdog says (Finance and Commerce)

The Federal Deposit Insurance Corp . failed to enforce its own guidelines to rein in excessive commercial real estate lending by at least 20 banks that later collapsed, reports by the agency’s watchdog show.

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FDIC failed to limit commercial real estate loans, watchdog says (Finance and Commerce)

federal-deposit

Commercial Real Estate Debt Jumps Amid Soaring Delinquencies (Bloomberg)

Oct. 19 (Bloomberg) — Yields on bonds backed by hotel, shopping-center and skyscraper loans narrowed relative to benchmarks as U.S.

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Commercial Real Estate Debt Jumps Amid Soaring Delinquencies (Bloomberg)

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