Tag

RTC

“Halftime at the Housing Recovery,” or, Time for RTC II

Lender-Mediated Deals Now Down to 25% of Housing Market Deals Nationally Is the housing market doing better? Absolutely. Has it fully recovered? No way. Or should I say, “half-way.” I base that not just on where home prices are now — off the bottom, but still well below their 2006 peak — but on the fact...
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Memo to Big Banks: ‘Clean Up Your REO Inventory . . . or We’ll Do it For You!’

The Case for RTC II (“RTC²?”) It seems increasingly apparent — at least to this observer — that what lies in our collective future is some sort of successor to The Resolution Trust Corporation (“RTC”). It was the RTC, of course, that successfully dealt with (and disposed of) all the foreclosed commercial properties left in the...
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