Real Estate News – April 17, 2011



Mortgage Problems Still a Big Drag on Bank Earnings (via CNBC.com): http://bit.ly/ifYRKk


One of the largest mortgage lenders in Minnesota, River City Mortgage, has agreed to be taken over by a much larger bank from Illinois rather than face a raft of new regulations (via StarTribune.com): http://bit.ly/hKAwbM


Greece Aims to Raise $50 Billion From Sales of State-Owned Property Assets (via Bloomberg.com): http://bloom.bg/fD6aDD


Banks Backed by Private Equity Make Acquisitions as U.S. Lenders Collapse (via Bloomberg.com): http://bloom.bg/dOFav8


Family’s mortgage troubles end in disaster (via thetimesherald.com): http://bit.ly/gwzIKm