DoJ Asks Deutsche Bank to Pay $14 Billion in Mortgage Settlement
The Obama Administration is trying to wrap up long-overdue mortgage-related cases, with Deutsche and possibly then other foreign banks.
Read more...Category Archives: Real estate
US Commercial Real Estate Markets Are Sinking….Again….
US commercial real estate is starting to slide…a blip or a trend?
Read more...Are We Really Going to Sell Out the US Alliance for Property Prices? Australia’s China Choices
Australia faces choices in deciding what role China should play in Australia’s future. China is aggressively deploying “soft power” and outright offers of money (or threats to withhold funds) in attempting to sway Australian foreign policy both in the short-term, in pressing China’s case for control of the South China Sea, and in the longer-term, to reconsider its alliance with the United States.
Read more...Wolf Richter: Fear Spreads of a Housing Crash in Canada
This time, it wasn’t different either.
Read more...Wolf Richter: The “Housing Crisis” in San Francisco Strangles Demand
San Francisco housing bubble buckles under its own lopsidedness.
Read more...Milwaukee Riots Round-up of “Systemic Causes”
Milwaukee riots and disinvestment, segregated housing, and law enforcement for profit
Read more...John Helmer: The Collapse of Russian Real Estate Investment – Will Children and Chinese Tourists Save the Mall?
Why the plunge in Russian commercial real estate prices reveals the large role of money laundering.
Read more...Dumb Money Watch: ZIRP-Starved Insurers Beefing Up in Lending as Banks Exit the Pool
Insurers are going long risk at one of the worst possible junctures.
Read more...Wolf Richter: US Homeownership at Lowest Level in Over 50 Years
Despite large subsidies to housing and mortgage finance. homeownership has plunged to 1960s levels.
Read more...Regulator Warns Commercial Real Estate Bubble Is Biggest US Bank Risk
By the time regulators start warning of risk, as the OCC is now in commercial real estate, it’s often too late.
Read more...Chaos Theory, Shocks, and Fragility, Australia and Elsewhere
Australia and other countries had the opportunity to reduce financial fragility. They may soon discover the cost of doing too little.
Read more...5 Eco-Friendly Social Housing Projects
Demonstrating that public housing can be attractive and environmentally responsible.
Read more...Mortgage Document Fabrication is Alive and Well…
Sadly, mortgage servicers are still very much in the document fabrication and forgery business.
Read more...Vancouver Mayor Mulls Empty Homes Tax
Vancouver ponders a long-overdue measure to target residential real estate warehousing.
Read more...More Backlash from London’s Empty Towers
London exemplifies a global trend: property warehoused by the global wealthy, to the detriment of the people who live there.
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