Latest Posts
CIBC Trims U.S. RMBS, CDO Exposure in Deal with Cerberus
Oct 03, 2008The Canadian Imperial Bank of Commerce said Friday that it was the latest non-U.S. institutional investor to flee U.S. real estate, selling a $1.05 billion stake in its portfolio of U.S. RMBS and CDOs to a fund managed by Cerberus Capital Management, LP. CIBC said its U.S. real estate reference portfolio had been valued at $1.19 billion as of June 30 but was down to $1.08 billion just one month later.
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New Reverse Mortgage Loan Limits Update
Oct 02, 2008 -
Senior Lending Network Joins With Legislator To Promote National Aging In Place
Oct 02, 2008 -
Majority of Renters Have No Plans to Purchase Home
Oct 02, 2008 -
Good-Credit Borrowers A Growing Problem for Servicers
Oct 02, 2008 -
Mortgage Rates Rise Slightly
Oct 02, 2008 -
New Reverse Mortgage Loan Limits Announced
Oct 02, 2008 -
UBS May Post Q3 Profit; Trims Mortgage Exposure
Oct 02, 2008 -
Foreclosures, Seasonality Weighing Down Home Prices: Report
Oct 02, 2008 -
Thain to Head Investment Banking at BofA
Oct 02, 2008
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