Are record-low interest rates masking high-cost mortgage lending?

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits
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Investments / The Ticker

Net positive for CRE

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Goldman Sachs Group (GS) has sold about $750 million of junior loans on a large hotel portfolio owned by the private-equity firm Cerberus Capital Management, according to people briefed on the transaction.

The junior loan, which was part of a $1.85 billion debt restructuring, was sold in four pieces and marks the latest—and one of the largest—complex refinancing deals since the financial crisis. This kind of financing with multiple junior debtholders was popular during the property market boom but disappeared when the bubble burst and risk appetite waned.

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