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Loan Modification

: Mortgage Lender Implode-o-Meter

Bankrupt State Of California Starts Selling Office Buildings, CB Richard Ellis Markets Largest Office Portfolio In America

By Implode-Explode Heavy Industries

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"The state is hoping the sale will generate more than $660 million in proceeds to offset cuts in the state budget. With a budgetary hole in the billions, California will likely need to throw in quite a bit of beachfront property in order to make it seem like it has the fiscal catastrophe under control."

Full post as published by Mortgage Lender Implode-o-Meter on December 12, 2009 (boomark / email).

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