A Little Judge Throws Away Foreclosure Brooklyn Style

This judge is "my man"--he is doing what everyone should be doing. Stopping foreclosure. Please read this interesting story on this wonderful person.

http://www.nytimes.com/2009/08/31/nyregion/31judge.html?_r=1&emc=eta1

Hard Times Coming to Commercial Real Estate?

The lenders had not learnt any lesson from the deteriorating home market, and now another cloud is hovering over our financial market--this time, it is commercial real estate. There has been widespread cracks in the commercial real estate market in Nevada in the rising forelcousre as well as high vacancy rate. Here is the link to this sad story unfolding.

http://www.nytimes.com/2009/09/02/business/economy/02office.html?scp=6&sq=&st=nyt

Wells Fargo & Bank of America slowest in Loan Modification

A latest report publishes states that Wells Fargo and Bank of America are the slowest banks when doing loan modification. Here is the full report:

http://www.nytimes.com/2009/08/05/business/05treasury.html?fta=y