Archive for April, 2009

Largest Mall Files for Real Estate Bankruptcy

Commercial real estate is seeing new low as the one of the biggest mall operator files for real estate bankruptcy. General Growth Properties owns more than 200 malls all over the US. Many other operators and mall owners are feeling the effects of lower economy and the recent slow down. Many of the prime value [...]

Forbearance Agreement

Here is the fundamental nature of the definition of the forbearance (as you can see are vague). An agreement is when a patient lender, owner of a home to lose the monthly payments or mortgage payments adjust monthly mortgage payments for a short period of time. The interest payments or late penalties do not are [...]