WALL STREET JOURNAL RESIDENTIAL NEWS Wachovia Unloads Troubled Loans A venture headed by LandCap is buying $40 million in troubled land and construction loans from Wachovia. Publ.Date : Wed, 20 Aug 2008 15:13:00 EDT Here's Donald, to Assist Ed McMahon Donald Trump is negotiating a deal that would allow Ed McMahon to avert foreclosure and remain in his Beverly Hills, Calif., home. Publ.Date : Wed, 20 Aug 2008 15:30:00 EDT FDIC Unveils IndyMac Plan The FDIC unveiled a plan to help borrowers of failed thrift IndyMac in order to keep consumers in their homes and limit the government's potential losses. Publ.Date : Wed, 20 Aug 2008 20:13:00 EDT Japan Developers' Woes Grow Japan has seen a raft of property developers go to the wall this year as banks have refused to refinance their loans. Analysts say the bankruptcy filings are likely to set off a vicious cycle that will weigh on the sector's shares in the coming months. Publ.Date : Wed, 20 Aug 2008 21:02:00 EDT Your Taxes at Work The fate of a proposed $2.1 billion expansion of the Mall of America depends on how much money the City Council and the Port Authority of Bloomington, Minn., are willing to put up for infrastructure. Publ.Date : Tue, 19 Aug 2008 22:38:00 EDT Skyline Gets Facelift Ahead of Asian Games Ultramodern skyscrapers, new stadiums and a 610-meter-high television and sightseeing structure are in the works in Guangzhou, China's manufacturing hub, as it prepares to host the Asian Games in 2010. Publ.Date : Tue, 19 Aug 2008 19:48:00 EDT Debt Costs Stoke Fears for Freddie Freddie Mac was forced to offer unusually rich terms in a $3 billion auction of its debt, fueling concerns about a possible bailout for the mortgage giant and its sibling, Fannie Mae. Publ.Date : Wed, 20 Aug 2008 14:32:00 EDT Lavish Condo Project Struggles The struggle of 100 Eleventh Avenue, a glitzy condominium development on Manhattan's west side targeting well-heeled buyers, shows there's no such thing as a sure thing in the current wretched credit climate. Publ.Date : Wed, 20 Aug 2008 15:13:00 EDT Housing Downturn Hits Home Depot Home Depot's profit fell 24% on lower sales as the home-improvement retailer struggled to sell big-ticket items. (Home Depot conference-call transcript) Publ.Date : Tue, 19 Aug 2008 22:10:00 EDT William Otto PRUDENTIAL SANTA FE REAL ESTATE telephone 505.982.6162 mobile 505.231.3288

Design by Style Agent