Madrigal Realty http://www.madrigalrealty.com Tailored Solutions for Today's Home Owner Fri, 21 Nov 2008 04:10:47 +0000 http://backend.userland.com/rss092 en Secretary Jackson on Senate Reform Passage STATEMENT BY HUD SECRETARY ALPHONSO JACKSON ON PASSAGE OF FHA MODERNIZATION LEGISLATION BY THE U.S. SENATE http://portal.hud.gov/pls/portal/url/page/fha_home/press/press_releases/statement_by_hud_secretary_jackson_on_senate_reform_passage Thousands of Californians Could Benefit from Higher Mortgage Limits HUD SECRETARY: TENS OF THOUSANDS OF CALIFORNIANS COULD BENEFIT FROM HIGHER GOVERNMENT-INSURED MORTGAGE LIMITS http://portal.hud.gov/pls/portal/url/page/fha_home/press/press_releases/hud_secretary_tens_of_thousands_of_californians_ President’s Economic Growth Package Increase Eligibility for FHA-Insured Mortgages PRESIDENT'S ECONOMIC GROWTH PACKAGE TO MAKE NEARLY A QUARTER OF A MILLION FAMILIES ELIGIBLE FOR FHA-INSURED MORTGAGES http://portal.hud.gov/pls/portal/url/page/fha_home/press/press_releases/march_06_2008_presidents_economic_growth_package Global Crisis Douses Hawaii Tourism High fuel prices, the bankruptcy filings of Aloha and ATA, and the nationwide slump in consumer confidence have slammed Hawaii's tourism industry. http://online.wsj.com/article/SB122704801492638927.html?mod=residential_real_estate CMBS Market Begins to Show Fissures The market for debt used to finance commercial real estate tumbled on worries about rising defaults for commercial mortgage-backed securities. http://online.wsj.com/article/SB122703851606838297.html?mod=residential_real_estate Companies in Europe Batten Down Hatches Many European real-estate companies are not only disclosing weaker results but also announcing new business strategies designed to ride out the recession. http://online.wsj.com/article/SB122703802831438289.html?mod=residential_real_estate Feldman’s End Game Distressed-mall buyer Feldman may have found a way to ease its own distress without declaring bankruptcy. But few, if any, investors will come out whole. http://online.wsj.com/article/SB122705905017039747.html?mod=residential_real_estate Future of Fannie, Freddie Debated Debate is heating up on the future of Fannie Mae and Freddie Mac as they struggle with heavy losses and investors continue to shy away from their debt. http://online.wsj.com/article/SB122703962799938321.html?mod=residential_real_estate Hypo Real Estate Forecasts Grim Outlook Hypo Real Estate reported a larger-than-expected loss in the third-quarter and said its outlook for the remainder of the year and beyond looked grim. http://online.wsj.com/article/SB122690970282132973.html?mod=residential_real_estate DBSI Failure Shows Spread of Turmoil The collapse of DBSI, a real-estate firm that catered to mom-and-pop investors, shows how pain in the commercial-property market is spreading. http://online.wsj.com/article/SB122688238128832145.html?mod=residential_real_estate