The $1.7 billion loan portfolio seized from Ohio-based AmTrust Bank is said to include residential land and undeveloped parcels. More
FDIC chief speaks to 850 Washington-area affordable housing professionals and offers her prescription for healing the housing market for the long-term. More
Miami-based builder's subsidiary partners with the federal government to manage and monetize distressed loan assets. More
Latest FDIC banking data shows that 15% of construction and development loans were nonperforming in third quarter of 2009. More
Starwood Capital and other investors now control properties that include 12,000 condo units. More
More than 13% of all construction and development loans are more than 90 days past due at FDIC institutions, whose REO inventory is growing. More
Capital concerns and regulatory uncertainty make it unlikely that banks will loosen up lending for home builders until 2010. More
Thanks to the government's aggressive efforts, the economic turmoil may have bottomed. More
As banks continue to tighten financing, builders feel the pinch. More
