In a two-day neighborhood stabilization strategies conference, Federal Reserve Bank of Boston president Eric Rosengren gave a speech. If people expected him to tackle the economy in general and the monetary policy, they were highly disappointed; instead, the top Federal Reserve Official touch-based on how the foreclosure crisis can be better solved by taking a more holistic approach. According to him, Read full article »
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Concerns Of Sluggish Economy Dampens Commercial Real Estate Breakthroughs
Major developments in commercial real estates actually occurred in July and chief of that is the collaboration of New York bond trader Cantor Fitzgerald with leading Los Angeles property fund manager CIM Group, a collusion that experts said would generate up to $5 billion of mortgage originations. Surprisingly though, this major shakeup and other key movements in the industry Read full article »
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