the-broader

Mortgage rates sink; slight effect expected

NEW YORK — Mortgage rates fell for the second straight week to the lowest point in five decades. But many people either don’t qualify for new mortgages or have already taken advantage of the low rates this year. As a result, the housing market and the broader economy may not benefit much from the lower rates.

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Mortgage rates sink; slight effect expected

the-broader

Mortgage delinquencies hinder recovery

WASHINGTON — The mortgage crisis is dragging on the economic recovery as more homeowners fall behind on payments. Analysts expect improvement soon, but the number of homeowners in default or at risk of foreclosure will have a lingering effect on the broader economy.

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Mortgage delinquencies hinder recovery

the-broader

Mortgage crisis dragging on U.S. economy

WASHINGTON (AP) - The mortgage crisis is dragging on the economic recovery as more homeowners fall behind on their payments.

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Mortgage crisis dragging on U.S. economy

the-broader

Business headlines: Mortgage crisis hinders recovery

The mortgage crisis is dragging on the economic recovery as more homeowners fall behind on their payments. Analysts expect improvement soon, but the number of homeowners in default or at risk of foreclosure will have a lingering effect on the broader economy.

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Business headlines: Mortgage crisis hinders recovery

the-broader

Mortgage pain persists (Straits Times)

CHARLOTTE/NEW YORK - IN A sign that the US banking sector’s problems are far from over, lenders including Bank of America Corp reported falling bond trading revenue and mortgage lending weakness in the fourth quarter.

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Mortgage pain persists (Straits Times)

the-broader

Dubai Chamber forum discusses real estate issues (AME Info)

Real Estate roundtable. The meeting brought together stakeholders from property firms, law firms, master developers, sub-developers and Government officials to discuss how recent developments in the real estate sector have affected the broader business community.

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Dubai Chamber forum discusses real estate issues (AME Info)

the-broader

Commercial Real Estate: Forget Extend and Pretend; It’s Delay and Pray (PRWeb via Yahoo! News)

With the pulse of the market for commercial real estate equity and debt somewhere between faint and flat line, loan servicers have found religion, handling most maturity defaults with short-term extensions in order to avoid foreclosure.

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Commercial Real Estate: Forget Extend and Pretend; It’s Delay and Pray (PRWeb via Yahoo! News)

the-broader

Commercial Real Estate Stocks Fall After WSJ Report (Fox News)

Commercial real estate stocks were outpacing the decline in the broader markets after a Monday article in The Wall Street Journal said that sector was a point of major concern that financial professionals were watching.

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Commercial Real Estate Stocks Fall After WSJ Report (Fox News)

the-broader

Parnell redevelopment proposal for Real Estate Institute (New Zealand’s National Business Review)

The Real Estate Institute of New Zealand is planning to redevelop its Parnell site to be a mixed use complex, if a proposal to Auckland City Council is accepted. The site is located at 202 Parnell Rd and had a land value of $3.4 million when it was last valued in 1997. In its proposal to the Council, the Real Estate Institute outlined its plans to tear down the existing two storey building at …

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Parnell redevelopment proposal for Real Estate Institute (New Zealand’s National Business Review)

the-broader

Government Fears Commercial Real Estate Defaults: WSJ (Fox News)

Federal Reserve and Treasury officials fear the shaky commercial real estate sector could stall an economic recovery, according to a report in the Wall Street Journal.

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Government Fears Commercial Real Estate Defaults: WSJ (Fox News)