News

Fitch Says Short Sales Positive For U.S. Residential Market

Fitch Ratings believes the trend toward more short sales of distressed residential real estate loans in the U.S. is gaining momentum.

Goldman Wins Mortgage Case Appealed by German Bank

Goldman Sachs Group Inc (GS.N) and investment adviser TCW have survived an appeal by a German bank that sued them for fraud over a toxic derivative marketed at the height of the housing market bubble.

Revere Hotel Vertical Fashion Show : Models Scale 24 Storeys Face First [Photos & Video]

The newly launched hotel is a $27 million reinvention of the Radisson. High fashion acquired a whole new meaning on 18 April, 2012 as models strapped into high-tech rappelling rope strutted their stuff face first towards the ground, 24 storeys all the way, during the launch of the Revere Hotel Boston Common in Boston, Massachusetts.