Posts tagged as:

bankruptcy

Commercial Real Estate

Commercial Tenants in the Driver’s Seat

by Brendan O'Brien | July 18, 2009

Nine years ago, my employer (a software company in Burlington, Mass.) was nearing the end of the 10-year lease term for its headquarters building.  This was just about the time that the software industry was beginning to decline, for two reasons: all of the Y2K bugs had been resolved, and investor money was no longer [...]

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Commentary

Cramdown Legislation & Blue Dogs

by Tom Koziol | April 17, 2009

Image via Wikipedia

Language is a beautiful thing. It provides us with the ability to label everything. The label can be clear, concise and to the point or it can be clear as mud.
Take the title of this post. The words seem to be clear, concise and to the point but in actuality they are [...]

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Commentary

Beware “Good” Housing News; May Be A House Of Cards

by Charles Feldman | March 24, 2009

Don’t pop those corks just yet. We may have ducked a few thunderheads, but we still have enormous storm clouds ahead.
The news that existing home sales rose in February at the fastest rate in some six years, certainly brings with it the hope that the bottom (or end) to this mortgage caused misery is nearing.
While [...]

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Real Estate

How Do You Spell Mortgage Relief? How About B-A-N-K-R-U-P-T-C-Y

by Charles Feldman | March 4, 2009

Mortgage Relief + Congress = Bankruptcy Court
Looks like the ever expanding home mortgage crisis will be headed to courtrooms after all.
Democrats in the House have apparently come to terms on legislation that would give bankruptcy judges authority to rewrite mortgages provided borrowers could prove that they had tried without success to secure better terms with [...]

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Commentary

Foreclosure Anyone? Obama’s $75 Billion Homeowner Bailout: Some Say Success Is Far From Certain

by Charles Feldman | February 19, 2009

Wall Street, banks, even car companies got faster help from the government in the form of one bailout or another, than did the average homeowner in this country. And, now that “help” is at hand, the real question to ask is: will it do any good?
President Obama has now revealed his much anticipated “lifeline” to [...]

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Blogs

Online Chat Room Helps Save Foreclosure Homeowner

by Jim Watkins | July 12, 2008

Okay I admit it… I used to be an active “chatter” in a local chat room on Yahoo. It was a room where many people from the Dallas area met up to…Chat. Many of us had met outside of the cyber room at local restaurants, clubs and the like.
Yahoo had recently shut down [...]

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Commentary

Is America Going Broke?

by Michael Creel | March 26, 2008

Is the United States going broke?
Many would roll their eyes at this notion; they would tell you that the country has never defaulted on its debt that its long-term interest rates are historically low; that the dollar is the world’s reserve currency; and that China, Japan, and other countries have an insatiable demand for U.S. [...]

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Mortgages & Lending

Subprime Mortgage Crisis Helps Bring Down An Airline

by Charles Feldman | December 26, 2007

This is a story–don’t worry, it will be a short story–about how the current subprime mortgage/credit crisis has actually shot down an entire airline and how this may just be the canary in the coal mine.
The all-business class airline, Maxjet Airways, based in Dulles, gave an extraordinary Christmas gift to its loyal customers: It filed [...]

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