By Robert Fetton- DE Captial Mortgage A few developments in the world of mortgage banking that is worth mentioning.  This summer, MetLife, who owns MetLife Home Loans, a division of MetLife Bank, decided to sell their banking and mortgage originations unit.  They cannot deal with the new regulations handed down by Barney Frank and Chris…


10 reasons to avoid Short sales in the Manhattan real estate market!

Trying to sell an apartment or house in Manhattan that is under water is extremely complicated! It is so much easier to sell a property that is not under water. I recently closed on a brutal deal on the Upper West Side that basically consumed me for the better part of 6 months.  (A regular…


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