Posts Tagged “Bankruptcy News”

News Sources wrote an interesting post today on
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creditfyi.com

Second Lien Holders Hold Modification Seekers Hostage: Is Bankruptcy The Solution?HoweStreet.com“I talk to real estate brokers, bankers, even attorneys, it’s just not known that you can get rid of your second mortgage.” The second-lien strip is just …Lenders reject homeowners who apply for Obama plan News & Observerall 45 news articles »

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News Sources wrote an interesting post today on
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Boston Globe

Galleria owner General Growth eyes mid-2010 bankruptcy exitBizjournals.comThe nation’s second-largest owner of retail centers announced a deal Wednesday to renegotiate $9.7 billion in mortgage loans on 92 of its regional shopping …General Growth Aim to Keep Top Malls May Thwart Simon BloombergGeneral Growth restructures $9.7 billion in debt The Associated PressBankrupt General Growth won’t sell Ala Moana Center Honolulu Star-Bulletin Chicago Public Radio  - Financier Worldwide  - Central Valley Business Timesall 303 news articles »

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News Sources wrote an interesting post today on
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CIT Files for BankruptcyGlobeSt. comThe troubled real estate market has created a buyers’ market for mortgage loan portfolios, RMBS and CMBS, foreclosed real estate, real estate in corporate …and more »

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News Sources wrote an interesting post today on
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By Dawn McCarty Oct. 26 (Bloomberg) — Capmark Financial Group Inc., the lender owned by companies including Goldman Sachs Group Inc . and KKR & Co ., filed for bankruptcy protection after posting a second-quarter loss of about $1.6 billion. The company listed consolidated debt of $21 billion and consolidated assets of $20.1 billion as of June 30, according to Chapter 11 doc

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News Sources wrote an interesting post today on
Here’s a quick excerpt

AFP

Capmark Files for Bankruptcy ProtectionWall Street JournalAfter suffering from the collapse in residential mortgages, US banks face steep losses from commercial real-estate loans. Capmark has originated more than …Capmark Financial files for bankruptcy protection The Associated PressCapmark Financial Files for Bankruptcy, Has $21 Billion in Debt BloombergCapmark Files for Bankruptcy TheStreet.com Times Online  - Reuters  - Benzingaall 303 news articles »

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