Q: Your friend is broke but too proud to ask for money. How can you help in a respectful way? If you know your friend is broke because he or she has mentioned the situation to you, then it provides a window to start a dialogue and assess what your friend means by “broke.”
Although recent price and lending growth has been rapid in many Emerging Europe countries, housing prices in much of the region remain below the highs seen before the 2008-09 global financial crisis, while rising incomes have contributed to improved affordability. Although few Emerging Europe countries face the risk of a real-estate bubble in the short…
Note: This piece uses a true personal narrative and background to thread key themes together for the here and now. This piece is not about me; instead it serves as a reminder that “margin,” either in the literal or the less conventional sense, can create some pretty intense consequences. Foreclosure News
Growing numbers of small subprime auto lenders are closing or shutting down after loan losses and slim margins spur banks and private equity owners to cut off funding. Summit Financial Corp., a Plantation, Florida-based subprime car finance company, filed for bankruptcy late last month after lenders including Bank of America Corp. said it had misreported…
March's increase in foreclosure starts was a direct result of the end of the moratorium for borrowers affected by Hurricanes Harvey and Irma, Black Knight said. There were 52,100 foreclosure starts in March, up 11.56% over February's 46,700. Foreclosure News
Seattle's real estate market is booming, but contrary to what you might think, foreclosures are still happening. Foreclosures can be disruptive in neighborhoods like Rainier Beach and Delridge. Foreclosure News
Developer Toby Moskovits has found a lifeline for a 193-unit rental property her company, Heritage Equity Partners, just finished building in Crown Heights. Heritage had been locked in a legal dispute with its previous lender, Benefit Street Partners, which held nearly $ 90 million in debt against the project. Foreclosure News
