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South Atlantic U.S. Real Estate News. Service for global professionals. Constantly updated news and information about South Atlantic U.S. Real Estate.
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Latest South Atlantic U.S. Real Estate News

  • ALL BUSINESS: Help needed for underwater mortgages 5 Dec 2009 01:42 GMT
    ... NEW YORK (AP) - Stop paying your mortgage. That's the ... hit by the nation's housing bust - Florida, Arizona, California, Michigan and Nevada - the ... a double standard in the home lending industry. Banks and other lenders doled out mortgages ...

  • 'Less Worse Is the New Excellent' of Economy 5 Dec 2009 01:35 GMT
    ... ‘Less Worse Is the New Excellent’ of Economy ... the past year is twice that of Maryland, Basu added: “We are starting to get ... healthy.” will continue to hurt the commercial real estate industry. And manufacturing job losses across the ...

  • Regulators shut big Ohio bank AmTrust, 5 others; US bank failures total 130 this year 5 Dec 2009 01:33 GMT
    ... WASHINGTON (AP) — Regulators on Friday shut down Ohio's ... formerly Ohio Savings — had branches in Florida and the Phoenix area. New York Community Bank, based ... Georgia banks: Buckhead Community Bank, based in Atlanta, with $874 million in assets and $838 ...

  • Walking Away from Mortgage Not the Answer 5 Dec 2009 01:27 GMT
    ... Walking Away from Mortgage Not the Answer FILE - ... hit by the nation's housing bust - Florida, Arizona, California, Michigan and Nevada - the ... a double standard in the home lending industry. Banks and other lenders doled out mortgages ...

  • State Bank invades Atlanta with failed bank deals 5 Dec 2009 01:20 GMT
    ... Don’t look now, but Joe Evans and his former ... In July, Evans and a team from Atlanta-based Bankers’ Capital Group LLC used tiny State ... banks were pummeled by an over-reliance on real estate development loans and an inability to backstop ...

  • Regulators shut AmTrust Bank in Ohio, 5 others 5 Dec 2009 01:20 GMT
    ... Regulators shut big Ohio bank AmTrust, 5 others; US ... formerly Ohio Savings -- had branches in Florida and the Phoenix area. New York Community Bank, based ... Georgia banks: Buckhead Community Bank, based in Atlanta, with $874 million in assets and $838 ...

  • N.Y. Community gets AmTrust branches 5 Dec 2009 01:05 GMT
    ... New York Community Bank of Westbury, N.Y., will take over ... billion bank – and a major South Florida player – siezed by regulators Friday evening. ... serviced by AmTrust Bank or any other real estate owned; construction, land, or development loans, a ...

  • Three Georgia banks fail, including Buckhead Community Bank 5 Dec 2009 01:04 GMT
    ... Three more Georgia banks failed Friday—including one started by ... city rocked by the closing of prominent Atlanta banks. “Georgia's at the middle of the ... Plath, finance professor at the University of North Carolina at Charlotte. “Unfortunately, both of the aforementioned ...

  • Regulators shut AmTrust Bank in Ohio 5 Dec 2009 01:01 GMT
    ... WASHINGTON (AP) - Regulators have shut down big Ohio ... FDIC were Buckhead Community Bank, based in Atlanta; First Security National Bank, based in Norcross, ... Failures also have been concentrated in California, Florida and Illinois. As the economy has soured, with unemployment ...

  • Servidyne Declares Quarterly Dividend 5 Dec 2009 00:57 GMT
    ... City of Industry, CA 12/04/2009 - US Market industry news ... News), an energy efficiency, demand response and real estate company, today reported that the Board of ... in 1925, Servidyne, Inc. is headquartered in Atlanta, Georgia, and operates globally through its wholly-owned ...

  • ALL BUSINESS: Help needed for underwater mortgages 5 Dec 2009 00:51 GMT
    ... NEW YORK (AP) - Stop paying your mortgage. That's the ... hit by the nation's housing bust - Florida, Arizona, California, Michigan and Nevada - the ... a double standard in the home lending industry. Banks and other lenders doled outmortgages during ...

  • Jobs, economic report indicate recovery on track 5 Dec 2009 00:50 GMT
    ... Two recent economic reports indicated the economic recovery was showing ... four regions – Philadelphia, Cleveland, Richmond and Atlanta – said conditions had shown little change. ... exceptions were in financial services and commercial real estate, where “contacts noted deteriorating conditions.” The Dallas ...

  • Billionaire from Worcester May Bid for 'Telegram & Gazette' 5 Dec 2009 00:47 GMT
    ... Billionaire from Worcester May Bid for 'Telegram & ... 3:33 PM ET A billionaire investor and real estate tycoon who hails from Worcester, Mass., is ... Bret Berlin, president of Greene's Coral Gables-based Florida Sunshine Investments, told the Telegram & Gazette, ...

  • Small increase seen in Florida revenue estimate 5 Dec 2009 00:45 GMT
    ... Small increase seen in Florida revenue estimate TALLAHASSEE, Fla. -- State economists ... next year due to continuing declines in real estate values and new construction. That will put ...

  • New York Community Bancorp, Inc. Acquires the Deposits and Certain Assets of AmTrust Bank FDIC-Assisted Transaction is Immediately Accretive to Earnings; 5 Dec 2009 00:41 GMT
    ... New York Community Bancorp, Inc. Acquires the Deposits and Certain ... serviced by AmTrust Bank or any other real estate owned; construction, land, or development loans; private-label ... branches, including 29 in Ohio, 25 in Florida, and 12 in Arizona. The acquired branches ...


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