Barclays gets most Fannie, Freddie, FHLB business

REUTERS

NEW YORK (Reuters) - Barclays Capital, the investment banking arm of Barclays Plc , retained its spot as top underwriter in the $3 trillion federal agency debt markets in 2008 year-to-date from a year earlier, according to Thomson Reuters.

The firm managed $69.1 billion in debt of issuers including Fannie Mae, Freddie Mac and the Federal Home Loan Bank system, nearly $10 billion more than No. 2 manager Deutsche Bank AG , Thomson Reuters data shows. Deutsche Bank edged up from third during the same period of 2007,... Read more

Meme-It

Old Haverty's Not Ready for City Yet The Historic Downtown Building Needs More Work Before Departments Move In.

FLORIDA TIMES UNION

By DAVID HUNT The original plan had city employees moving in a few days from now. Then workers found more lead and asbestos than they figured lurked inside the historic Haverty's building downtown. In the meantime, the city's police and... Read more

Meme-It

Albuquerque High Renovation in Last Phase

ALBUQUERQUE JOURNAL

By Commercial Real Estate RICHARD METCALF Of the Journal The final building on the Old Albuquerque High School campus is getting its longawaited renovation. Owner Ricardo Chaves is hoping he... Read more

Meme-It

Foreclosure Help Failing, Group Says

NEWSDAY

Sep. 30--The number of delinquent homeowners on track for help dropped from January to May, and 20 percent of those whose mortgage terms were renegotiated this year have now fallen behind once... Read more

Meme-It

Foreclosure Help Failing, Group Says

NEW YORK NEWSDAY

BY ELLEN YAN. ellen.yan@newsday.com The number of delinquent homeowners on track for help dropped from January to May, and 20 percent of those whose mortgage terms were renegotiated this year have... Read more

Meme-It

Zero-Down Loan Loophole to Be Closed: Nonprofits Contest FHA Change

DETROIT FREE PRESS

By Greta Guest, Detroit Free Press Sep. 30--The housing law that takes effect Wednesday ends a loophole that allowed many borrowers to put zero down on FHA loans in recent years. Large nonprofits that facilitate seller-funded down payment... Read more

Meme-It

DOE Announces 'Net-Zero Energy' Awards

UNITED PRESS INTERNATIONAL

The U.S. Department of Energy announced the first phase of awards valued at $15 million in its "Net-Zero Energy Commercial Building Initiative." Officials said 21 companies will team with two... Read more

Meme-It

Canadians Turn to Debt Counsellors or Nix Big Purchases in Face of Rising Costs

CANADIAN PRESS

TORONTO - More Canadians than ever are seeking financial relief through debt counselling agencies after maxing out the equity in their homes, or putting off things like home renovations in an... Read more

Meme-It

MU Faces Lawsuit By Real Estate Group University Accused of Interfering in Sale of Adjacent Building

MILWAUKEE JOURNAL SENTINEL

A real estate investors group is suing Marquette University, claiming it interfered with the group's attempt to sell a commercial building adjacent to university property. St. James Estates LLC... Read more

Meme-It

The Charlotte Observer, N.C., Doug Smith Column: Sale Could Mean More Vacancies, Lower Rent

THE CHARLOTTE OBSERVER; CHARLOTTE, NC

Sep. 30--Citigroup's purchase of the bulk of Wachovia could contribute to an increase in office vacancies in the center city and cause rental rates to decline as new and existing buildings compete... Read more

Meme-It

Dallas-Based Vintage Interests Buys Four Industrial Properties

THE DALLAS MORNING NEWS

Sep. 30--A Dallas-based commercial real estate investor is beefing up its building portfolio with the purchase of four North Texas industrial properties. Vintage Interests acquired the buildings,... Read more

Meme-It

A Chance to Improve Bailout

USA TODAY

T he bailout package the House defeated on Monday was far better than the one originally proposed by the Bush administration. In many respects, the rescue plan was better than nothing, and perhaps... Read more

Meme-It

BRIEF: Grubb and Ellis Opens Real Estate Branch in Tucson

THE ARIZONA DAILY STAR

By The Arizona Daily Star, Tucson Sep. 30--Grubb & Ellis Co., a national commercial real estate firm, opened an office in Tucson Monday. Five local real estate brokers -- three who joined... Read more