John Gittelsohn
One Citizens Plaza mortgage in trouble
PROVIDENCE - A $43.5 million mortgage on One Citizens Plaza, a 224,089 square-foot office building that houses the headquarters of Citizens Financial Group in...
Homebuilders target in-laws and dogs as extended families grow
LOS ANGELES - Kevin Barnes figures buying a newly built home saved him money. That’s because he chose a model with a second master...
Fed has few tools to fix economy weakened by housing market
LOS ANGELES - U.S. mortgage rates are the lowest in at least four decades, with a 30-year fixed loan available at 4.09 percent. That...
Shiller says home price drop up to 25% ‘wouldn’t surprise’
NEW YORK - Robert Shiller, the economist who co-founded the S&P/Case-Shiller index of U.S. home prices, said a further decline in property values of...
U.S. mortgage program has fewer defaults, regulators report
NEW York - Mortgages modified through the main federal relief program fell into delinquency at about half the rate as those in other plans...
Fairholme to sell General Growth stake to Brookfield in a deal...
CHICAGO - Fairholme Capital Management LLC, the investment firm run by Bruce Berkowitz, said its funds will sell their stake in General Growth Properties...
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