WASHINGTON, DC - November 17, 2010 - (RealEstateRama) -- Today Senate Banking Committee Chairman Chris Dodd (D-CT) held an oversight hearing investigating problems in the mortgage servicing industry. The Committee heard testimony from state officials, industry executives, and experts in law and consumer protection, and explored how mortgage servicing practices may have prevented modifications and even resulted in unjustifiable foreclosures.

Ariz.: Selling Students on Real Estate Investing

Using the multi-level marketing techniques made popular by Amway, Nouveau Riche University is selling real estate investment classes and a host of related products and services to would-be tycoons.

AEW Capital Management, LP Selects AssetEye to Improve Business Processes and Streamline Reporting for...

NEW YORK, November 19, 2007 – AssetEye Inc, a leading provider of portfolio management solutions for real estate, today announced that AEW Capital Management, LP has selected AssetEye’s Portfolio Manager for deployment in its U.S. and Asian offices. AEW and its affiliates provide real estate investment management services to investors worldwide and currently manage over $41 billion of real estate assets

National Community Reinvestment Coalition Files Discrimination Complaint Against Wall Street Securitizer and Subsidiary Mortgage...

WASHINGTON, Sept. 24 /PRNewswire-USNewswire/ -- The National Community Reinvestment Coalition (NCRC) has filed a civil rights complaint against Morgan Stanley, Morgan Stanley Mortgage Capital Holdings, LLC., Saxon Mortgage, Inc., Saxon Asset Securities Company and Saxon Capital, Inc., (collectively, "Morgan Stanley") to the United States Department of Housing & Urban Development and the United States Securities & Exchange Commission.

Business Real Estate Press Releases

Nadel Architects Hires Mark Brower as Studio Director

March 20, 2018 – Nadel Architects (Nadel), an international architectural design firm headquartered in Los Angeles, has hired Mark Brower as studio director, spearheading the firm’s education, health care and Native American community design studios. Based in Sacramento, Brower brings more than 30 years of experience in architecture and construction, specializing in facilities for education, health care and Native American communities, broadening Nadel’s range of expertise and further bolstering the firm’s presence in Northern California.

Recent Gov & Nonprofit Real Estate Press Releases


Rise in Retail Bankruptcies Puts Spotlight on Restructuring Commercial Mortgage Loans,...

As brick-and-mortar retailers continue filing for bankruptcy, commercial real estate lenders and borrowers should focus on case law and recent legal developments for restructuring a commercial mortgage, according to an article in the March ABI Journal. “A change in only a percentage or two on a multi-million-dollar commercial loan can mean the difference between a plan being 'feasible' or not,” David R. Kuney of Whiteford Taylor Preston LLP (Washington, D.C.) writes in his article, “The Myth of the ‘Efficient Market’: Restructuring Real Estate Mortgages.”