General Growth plan hearing may be delayed Reuters ... and extend the maturity of the last of the 86 property loans that became part of pools that underlay commercial mortgage-backed securities (CMBS) bonds. ...
Rep. Garrett Introduces Long-Awaited Covered Bond Act Housing Wire This allows for non-performing mortgages to be pulled from bonded pools and replaced with performing mortgages. The platform is Europe's oldest form of ...
Economic Bubbles and Financial Crises, Past and Present Dissident Voice ... they could sell those risky subprime mortgages to other banks which ultimately sold them down-stream as some commercial-like paper to unaware investors. ...
What Drives David Simon Retail Traffic General Growth Chairman John Bucksbaum, however, said in February that the unavailability of credit to refinance maturing mortgages caused the collapse. ...
Co-founder of Redwood Trust announces retirement Trading Markets (press release) Before the real estate bubble burst, Redwood purchased residential and commercial mortgages, packaged them as securities and sold them to investors. ...
Market Failure or Government Failure? Wall Street Journal Not all bankers overinvested in mortgages, but some got up to dance, believing that they would profit and the rest of us would pay to prevent failures. ...
Business briefs The Detroit News As banks gambled on the risky mortgages that helped create the worst financial crisis in generations, the US government handed out millions of dollars in ...
