Tag Archives: banks

Skype head Zennstrom eyes China start-ups – Asia Times Online

Posted on February 15, 2011 by admin

Skype head Zennstrom eyes China start-upsAsia Times Online"The current financial crisis is mainly caused by debt in real estate and over-leveraging in banks. Most tech companies have no debt. … read more

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Banks begin to cut NPAs aggressively – mydigitalfc.com

Posted on December 27, 2010 by admin

Banks begin to cut NPAs aggressivelymydigitalfc.comMajority of these loans are debt provided to small and medium enterprises (SMEs) and mortgage advances and include educational loans besides real estate and … and more » read more

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Resuming Foreclosures: Banks Well Suited to the Task – Politics Daily

Posted on October 20, 2010 by admin

Resuming Foreclosures: Banks Well Suited to the TaskPolitics DailyThose draconian standards were done away with in the 1990s and early part of this decade, and replaced with sub-prime borrowers and inflated real estate … and more » read more

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National ResidentialAuctioneers to Hold Real Estate Auction for Bank Owned … – PR Newswire (press release)

Posted on August 24, 2010 by admin

National ResidentialAuctioneers to Hold Real Estate Auction for Bank Owned …PR Newswire (press release)National ResidentialAuctioneers is a nationwide auction company that specializes in the sale of Residential real estate at auction for banks, … and more » read more

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Monday Morning Cup of Coffee – Housing Wire

Posted on July 19, 2010 by admin

Monday Morning Cup of CoffeeHousing WireTo replace the homebuyer tax credit, which expired April 30, more banks and real estate companies are putting together their own incentive programs. … and more » read more

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1500 People Worked Against You – Motley Fool

Posted on June 30, 2010 by admin

1500 People Worked Against YouMotley FoolLobbyists, hired by banks, investment firms, insurers, and real estate companies, fought many of the recently proposed reforms in Congress, … and more » read more

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Competition Tough in Failed Bank Real Estate Asset Auctions – ABC News

Posted on April 27, 2010 by admin

Competition Tough in Failed Bank Real Estate Asset AuctionsABC NewsBEVERLY HILLS, California (Reuters) – Bidding on real estate assets of failed banks has become aggressive, as investors searching for … and more » read more

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Q&A: Paul Cooper, auctioneer – Baltimore Sun (blog)

Posted on March 28, 2010 by admin

Q&A: Paul Cooper, auctioneerBaltimore Sun (blog)Q: What's happening at foreclosure auctions these days? A: Banks are discounting the properties tremendously. Banks do not want to own real estate, … and more » read more

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LFC Helps Banks Clear REO Inventory with Online Auctions – MMD Newswire (press release)

Posted on March 9, 2010 by admin

LFC Helps Banks Clear REO Inventory with Online AuctionsMMD Newswire (press release)Many have turned to online auctions, including one financial institution whose foreclosed property is now featured on LFC's commercial real estate auction … read more

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‘On the Edge’ Banks Facing Writedowns After FDIC Loan Auctions – BusinessWeek

Posted on March 8, 2010 by admin

'On the Edge' Banks Facing Writedowns After FDIC Loan AuctionsBusinessWeek“Unlike the subprime mortgage problems, which hit mostly bigger financial institutions, the commercial real estate crisis is going to hit mostly smaller and … and more » read more

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