All that is old is new again! Fannie Mae reported a net loss of $6.5 billion for the first quarter 2011, as a weakening housing market dashed hopes that the company had stabilized. Fannie said  would ask the government for a fresh taxpayer infusion of $6.2 billion after paying dividends to the Treasury. The loss […]

This is huge news for all of us Real Estate wonks. MERS has just been struck down by a Federal Bankruptcy judge.As reported in NewsUnwrapped – a Blog written by local Baltimorean, Steve Meizlish, with the specific intent of Telling-The-Story-Behind-The-Story — we see what could be the beginnings of the unraveling of the Real Estate infrastructure as we […]

If you’re in the market to buy a foreclosed house here is a quick and easy a way to find properties in your area that are either in pre-foreclosure or are already owned by a bank. Here are the basic steps.
1. Enter an address at Google maps.
2. Click on the “More” tab in the top right corner of […]

Everyone in the real estate development industry are trying to read the tea-leaves. Will there be disaster or can the unthinkable be avoided?
With more commercial mortgage-backed securities (CMBS) loans on the verge of default this Fall 2010, Special Servicers are being forced to accelerate these loans through the Real Estate Owned (REO) process to […]