The proposed new banking rules here in the U.S. caught many international bankers off guard and were one of the most prominent topics of discussion at the recent World Economic Forum in Davos. As you probably know, the rules are designed to limit risk-taking by banks. There are two main proposals: 1) prohibiting commercial banks [...]
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Mortgage Bankers Association Sells Headquarters at Big Loss
February 7th, 2010 
admin Like millions of American households, the Mortgage Bankers Association found itself stuck with real estate whose market value has plunged far below the amount it owed its lenders. But the trade group for mortgage lenders is refusing to say exactly how it extracted itself from that predicament. On Friday, CoStar Group Inc., a provider of [...]
