Random Feed wrote an interesting post today on
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With the pulse of the market for commercial real estate equity and debt somewhere between faint and flat line, loan servicers have found religion, handling most maturity defaults with short-term extensions in order to avoid foreclosure. This approach - “Delay and Pray” - reflects the current climate of the broader CMBS market, according to the latest podcast produced by John B. Levy & Company. Available online at http://www.jblevyco.com/podcasts/23741/extend-and-pretend-or-delay-and-pray.h

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Random Feed wrote an interesting post today on
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It’s Friday desk clearing time for this blogger. “Greenwich homeowners, saddled with the worst sales climate in 30 years, are turning to the rental market. The number of single-family properties for rent in this suburb an hour outside Manhattan climbed more than six-fold this year as sales fell by almost half. ‘Never in the market history have I ever seen anything like this where you have a whole group of the normal buyers in Greenwich renting luxury homes instead of buying them,’ said Jeanne

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Random Feed wrote an interesting post today on
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The Working Capital Journal is one of several commercial financing resources which should be reviewed regularly by small business owners to assist in keeping up with the imposing difficulties posed by rapid changes in the business finance funding climate. As noted below, there have been some surprising actions taken by lenders as a direct result of recent financial uncertainties. The increasingly complex and confusing environment for working capital finance is likely to produce several unexpecte

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Random Feed wrote an interesting post today on
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The Federal Bureau of Investigation today said the housing downturn is creating a “rampant mortgage fraud climate” and that fraud is an “escalating problem in the United States and a contributing factor to the billions of dollars in losses in the mortgage industry.” Here are more highlights from the report on fraud in 2008: Suspicious Activity Reports (SAR) on mortgage fraud from financial institutions increased 36 percent to 63,713 during fiscal year 2008 compared to 46,717 filings in 2007.

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Random Feed wrote an interesting post today on
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GF special? Listed: $799K. Sold: $825K. Lot 25 x 122. Historians may rue that, in the early 21st Century, as the planet reeled under three times its sustainable population, the climate tipped towards the irreversible, a fossil fuel-driven economy ran out of reserves and a billion faced hunger as foodstocks were diverted to run cars, young couples would sacrifice all for a mortgage. That is, I guess, if there’ll be historians. Anyway, here’s an interesting juxtaposition for you between the

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