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