Archive for December, 2009
Mortgage rates end the year above 5 percent
Thursday, December 31st, 2009
Mortgage rates rose for the second consecutive week but the number of homeowners who applied for refinancing remained strong. Read more
Freddie Mac: 30-yr Mortgage Rate Rises To 5.14%
Thursday, December 31st, 2009
Freddie Mac: 30-yr Mortgage Rate Rises To 5.14% Read more
Tribeca Cos. Snags S.F. Apartments
Thursday, December 31st, 2009
Private-equity firm buys defaulted mortgage debt at half-price and then seizes the Lembi apartments, in the latest distressed-commercial-property maneuvering. Read more
Pilgrim’s Pride Settles Illegal Worker Probe
Wednesday, December 30th, 2009
Pilgrim’s Pride Settles Illegal Worker Probe Read more
Aetna to Take 4Q Charge for Layoffs, Real Estate Consolidation
Wednesday, December 30th, 2009
Health insurer Aetna Inc said Wednesday it expects to take a charge of $60 million to $65 million in the fourth quarter to cover previously announced job cut costs and real estate consolidation. Read more
Segro Sells Joint Venture Stake To British Land
Wednesday, December 30th, 2009
Segro Sells Joint Venture Stake To British Land Read more
Takeover Panel Extends Cadbury Disclosure Deadline
Wednesday, December 30th, 2009
Takeover Panel Extends Cadbury Disclosure Deadline Read more
GMAC Set to Receive $3.5 in Additional U.S. Aid: Report
Wednesday, December 30th, 2009
GMAC Financial Services is close to getting about $3.5 billion in added aid from the U.S. government, on top of the $12.5 billion already received since December 2008, the Wall Street Journal reported. Read more
Retail Stocks Start Mixed; Sears, Liz Claiborne Up
Wednesday, December 30th, 2009
Retail Stocks Start Mixed; Sears, Liz Claiborne Up Read more
Questions Surround Fannie, Freddie
Wednesday, December 30th, 2009
The government’s move to ease the limits on the securities holdings of Fannie Mae and Freddie Mac has ignited a debate among analysts about what the companies will do with their longer leash. Read more