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Bank regulators eye commercial loan problems Increasingly worried about the health of mid-sized regional banks, the Fed is working on an expansive review of the commercial real estate loan portfolios of these banks, with expectations that large losses are yet to come. Market WatchOregon Pacific Bank to expand services Oregon Pacific Bank announced Wednesday that it will soon add financial planning and estate management to the services offered through its wealth management division. Biz JournalThe Next Shoe to Drop? Fed Focuses on Commercial Real EstateABC News Fed focuses on property exposure The US Federal Reserve is reviewing banks' exposure to commercial real estate, the troubled sector whose slide poses a risk to many institutions because of the wide distribution of loans and mortgage-backed securities across the sector. FTBanks` commercial real estate risk probed The Federal Reserve is stepping up its scrutiny of commercial real estate loans at smaller banks, where delinquency rates have risen sharply. MsnInnVest Real Estate Investment Trust Announces 2010 Mortgage Refinancing TORONTO, CANADA--(Marketwire - Sept. 16, 2009) - InnVest Real Estate Investment Trust ("InnVest")(TSX:INN.UN) announced today that it has successfully refinanced a $177 million mortgage for a 3 year t... Big News NetworkInvesting in Distressed Assets BusinessWeek's Amy Feldman discusses how to invest in distressed assets through real estate investment trusts, or REITs, and mutual funds. BusinessWeekApogee Reports Strong Second Quarter Earnings in Difficult Market ... - StreetInsider.com 'Apogee achieved strong operating performance and exceeded prior-year earnings per share on revenues that were down consistent with the decline in the commercial construction market, which continues to be impacted by tight commercial real estate ... Feed DigestAnalyst statements boost Abu Dhabi bourse Overall positive statements published by EFG Hermes on Abu Dhabi's real estate bellwethers lifted the capital's exchange ADX by 1.68%, closing at 3,051.65 points. EFG Hermes reiteraded its long-term 'buy' recommendation for Sorouh Real Estate (up 4.37% at Dhs3.67). The Egyptian investment bank lowered its long-term rating for Aldar Properties (gaining 3.14% at Dhs5.69) from 'buy' to 'accumulate' but added that Aldar's portfolio and strategy remains sound. Abu Dhabi Ship Building Co. posted the largest drop (off 5.19% at Dhs3.65) among the four losing shares at the ADX which saw 159.4m shares changing hands. Market WatchBuilder confidence up, but tax fears loom An index of home builders' confidence rose in September for the third month in a row, but an industry group said Wednesday the fragile recovery in the residential real estate market could be cut short if a popular government tax credit isn't extended. CNN1 2 3 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
Feedzilla manually aggregates news summaries found in RSS feeds, and redistributes them in either RSS format or as a news widget. Content is collected 24 hours a day, 7 days a week from an ever-growing list of providers.
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]