Saturday, May 9, 2009

Lenders to huge mall firm to get day in court - Denver Post

When General Growth Properties Inc. sought Chapter 11 protection last month, it took a step its biggest debt holders had believed was impossible: It took 166 of its malls into bankruptcy with it. The surprised debt holders had believed the malls ..., more 
and Short Sales: Banks Blocking Way Out Of Foreclosure Crisis - Huffingtonpost.com  Brett Ellis, a real estate agent in Fort Myers, Fla. , was thrilled when he got an offer for a property in Bell Tower Park in May 2008. "It was a gorgeous property on the corner lot," Ellis told the Huffington Post. The owner, who had lost his job ..., more 
and Caroline Crossroads - Free Lance-Star  It seemed an opportune time to buy a house when Michael Lorino moved to the Fredericksburg area in the spring of 2005. Lorino, a Marine captain, had been transferred to the Quantico Marine Corps Base from his station at Cherry Point in North Carolina ..., more 

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