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Coronavirus hits commercial real estate in the UK as retailers fall behind on rent
News 2 months ago
Coronavirus hits commercial real estate in the UK as retailers fall behind on rent

The coronavirus pandemic is hitting U. K. commercial property hard, as retailers close for an indefinite period and shoppers remain locked down at...

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Manhattan real estate sales ground to a halt in March. Prices could plunge next
News 3 months ago
Manhattan real estate sales ground to a halt in March. Prices could plunge next

* The big question is what prices will look like when the market starts to recover - either in summer or fall. Manhattan real estate sales ground...

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Chief regulator says mortgage bailout is 'on the honor system', pleads with borrowers to be honest
News 3 months ago
Chief regulator says mortgage bailout is 'on the honor system', pleads with borrowers to be honest

Millions of borrowers may be unable to pay their mortgages as the coronavirus continues to crush the U. S. economy. But there is a government back...

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There's a mortgage REIT meltdown—Here's what's happening
News 3 months ago
There's a mortgage REIT meltdown—Here's what's happening

CNBC's Kelly Evans talks with Dom Chu and Diana Olick about the mortgage REIT meltdown as mortgage servicers face severe liquidity risk....

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Mortgage closings at risk as coronavirus shutters title and recording offices
News 3 months ago
Mortgage closings at risk as coronavirus shutters title and recording offices

Only weeks ago, thousands of borrowers were rushing to take advantage of record-low mortgage rates. Refinance applications soared over 400%...

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Potential wave of mortgage delinquencies could bankrupt the payment system
News 3 months ago
Potential wave of mortgage delinquencies could bankrupt the payment system

Last week the regulator for mortgage giants Fannie Mae and Freddie Mac announced a forbearance program for borrowers unable to pay their loans...

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Douglas Elliman chairman Howard Lorber: Coronavirus isn't impacting real estate yet
News 4 months ago
Douglas Elliman chairman Howard Lorber: Coronavirus isn't impacting real estate yet

Sam Zell, chairman of Equity Group Investments and billionaire real estate investor, and Howard Lorber, president and CEO of the Vector Group and...

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Weekly mortgage refinances spike 26% as interest rates tank on coronavirus fears
News 4 months ago
Weekly mortgage refinances spike 26% as interest rates tank on coronavirus fears

A sharp drop in mortgage interest rates had borrowers rushing to their lenders last week. Refinance volume spiked, sending total mortgage...

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Here's what $1 million buys you in real estate around the world
News 4 months ago
Here's what $1 million buys you in real estate around the world

When it comes to real estate, $1 million doesn't go as far as it used to - especially in the world's top cities. In Monaco, the world's most...

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