At this juncture, economists say the troubles in the mortgage market could, all told, cost financial firms and investors up to $400 billion. That is far more than the roughly $240 billion cost, adjusted for inflation, of the savings and loan...
I don't know why anyone would want to teach a six- year old about commercial mortgage backed securities (CMBS), but this is how I would do it. This is INCREDIBLY simplified. For this example, our six year old will be named Lucy. First, let's go...
Couldn't find a picture of this online anywhere. If anyone finds one, please link to it in the comments section and I'll add it...
The latest from Net Gain Real Estate. ...
There has been talk for months that Circuit City had a new concept under development. Now some more details have come out. ...