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IRS issues rules making it easier to refinance some commercial real ... - Star Tribune.com
WASHINGTON - The IRS issued new rules Tuesday designed to make it easier to refinance some commercial real estate loans in an effort to curb the number of defaults. The rules would allow commercial ...
Big News Network

Zions Bancorporation (ZION)
Given the high competitive pressures in the banking industry, we expect continuous deposit pricing pressures as well as growth in higher cost funding accounts to weigh on Zions Bancorporation's (ZION) net interest margins (NIM), creating headwinds on the revenue front. Loan growth has remained solid, but slowing growth in core deposits could cause a negative mix shift, another setback for the NIM. Management expects deposit growth to continue to lag loan growth and that a portion of future loan growth may be funded from alternative higher cost funding sources. The growth through acquisition model exposes the company to the risk of overpaying for targets. We are concerned about Zions commercial real estate (CRE) exposure. CRE represents over one-third of Zions overall loan portfolio. Continued weakness in the residential development and construction activity in the southwest has resulted in further deterioration of credit metrics in the past several quarters. Given the sluggish e
Zacks

Brokers turn to auctions to sell commercial property - Reuters
NEW YORK, Sept 16 (Reuters) - Some of the world's largest commercial real estate service companies are turning to online auctions to sell property and debt to help kick-start the stalled U.S. comme...
Big News Network

The joy of real estate operations
Stop throwing away money and leadsread more
InMan

Lehman creditors challenge transfer to BarCap
Representatives of the defunct Lehman Brothers estate claim that up to $8bn in cash and securities was transferred to Barclays Capital without the court's knowledge
FT

Which option is worse: passing the wrong health-care bill or no bill at all?
Doing nothing is just fine with people who have done something to take care or their own needs, doing anything is better for people who messed up and didn't look out for their own needs. There is already a safety net for people who never made it in america and couldn't look out for their own needs. Anyone with real assets to loose over medical bills choose to invest in stuff instead of health insurance to cover themselves and protect their assets. Many states have laws preventing insurance companies from dropping people so everyone has the option to move to a state with good laws or working to get good laws passed in their state. I've paid my own major medical for years, had a job for a short time that came with a golden policy and keep paying for my own policy on top of it so if the job didn't work out or last I wouldn't end up without insurance. Insurance should be disconnected for employement just like home & car insurance. After that is done people who don't pay their medica
Wall Street Journal

Oregon 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 Journal

The Next Shoe to Drop? Fed Focuses on Commercial Real Estate
The Fed reviews smaller banks' delinquent real estate loans for problems.
ABC News

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 Watch

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.
FT

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