Developments in the Commercial Real Estate Sector

The residential mortgage crisis is currently the primary focus of the media and the bulk of America. However, there is a looming crisis that has the potential to make the residential melt down seem like a picnic. The commercial sector is poised to collapse in a similar [...]

Nevada recently passed a bill that requires all lenders to appear for mediation prior to foreclosing on a property. The bill has now been utilized to force lenders to the mediation table before they foreclose.

The Nevada Foreclosure Mediation Program has received its first three requests for mediation as the homeowners work to save their [...]

The California State Senate has passed Senate Bill 94 (”SB 94?), legislation proposed by Sen. Ron S. Calderon (D-Montebello), Chairman of the Banking, Finance & Insurance Committee. The senate passed the bill on May 21, 2009, by a vote of 21 to 14. It is now in the state assembly where it has been read [...]