Posts Tagged ‘Countrywide’
A Real Estate Ditty that isn’t so Pretty

An analysis of the housing crisis by Karl Case:
For the last few years, we have shed many tears
Living through a recession.
The economy’s broke and it’s not a joke,
When we talk of another depression.
Fifteen million without a job,
Foreclosures and banks that fail,
401K’s became 201K’s,
And everything’s up for sale.
If you enjoyed this post, make sure you subscribe to my RSS feed!
Commercial Real Estate Week in Review
The Week of June 13-19
- Bank and CMBS defaults continued their record setting pace this week.
- The NY Fed reported that there were a whopping zero CMBS loan requests into the TALF program byt he June 16th deadline.
- Maguire Properties sold an office tower for a 35% discount from what it cost them to build it.
Read the rest of this entry »
If you enjoyed this post, make sure you subscribe to my RSS feed!

