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Real Estate & Property Law

: The Home Equity Theft Reporter

Focus Of NYC Commercial Real Estate Market Shifting From "Bricks & Mortar" To Buying/Selling Secured Paper? More Lenders Look To Dump Mortgage Loans

By r morris

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In New York City, The New York Times recently ran a story on a reported "shift in the commercial real estate market, away from brick-and-mortar properties and toward the buying and selling of debt." [M]any lenders are looking to offload [their problem mortgage] loans because they need to cash out quickly, or because they are not in the business of selling real estate and lack the necessary

Full post as published by The Home Equity Theft Reporter on December 28, 2008 (boomark / email).

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