Commercial Real Estate

The Federal Reserve’s Board of Governors is expected to endorse
proposed rules developed by its staff for the banks it regulates that
would end some of the more abusive lending practices
aimed at subprime borrowers.

The rules which have been widely promoted by consumer advocacy groups
for some time and already adopted in whole or in part by many state
regulatory agencies would, if enacted, do the following:

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Comercial Real Estate

Widely Regarded Housing Study Reports Further Home Price Declines

The Standard & Poor’s/Case-Shiller home price index
for October, released on Wednesday, fell again for what is the 10th
consecutive month. The 6.7 percent drop from figures a year earlier was
the largest recorded by the index since April, 1991 when prices declined
6.3 percent.

Miami was the biggest loser in the broad index
with…

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