Learn Unique Marketing Strategy Designed to Sell Connecticut Homes Fast
Thursday, October 07
It's a buyer's market and thousands of Connecticut homes are sitting on the market for several months, if any offers are received. After a while with no bites, listing prices are lowered. No bites again, then the home price is lowered again and so forth. Does this sound familiar? With no signs th...
Rescue Capital Provides Relief to Distressed CRE
Thursday, July 08
Rescue Capital Provides Relief to Distressed CRE "Rescue Capital" are funds provided by investors to help restructure commercial mortgages in default, or heading toward foreclosure. In return for injecting needed capital into a proposed commercial loan modification / commercial loan workout...
Expect Commercial Mortgage Loan Defaults to Keep Rising Says Fitch
Tuesday, June 22
A recent report by Fitch indicates commercial mortgages backed by securities (CMBS) will continue to rise for the rest of 2010. Managing Director, Mary MacNeill said that liberal underwriting was a contributing factor for loans originated in 2007 to account for about 35% of defaulted principal l...
Rising Commercial Real Estate Loan Defaults May Rival Residential
Thursday, June 17
As commercial real estate loan defaults increase, the need for commercial loan workout solutions offered by lenders to remedy the situation will also increase. Several factors seems to support this view. An excellent online at Roubini.com states that "shorter loan maturities, inability to refin...
Commercial Loan Workouts Could Jumpstart Banks With Non-Performing Loans
Thursday, June 17
Commercial loan workouts could help many small regional and local banks that have non-performing, commercial mortgage loans. Commercial loan workouts can take existing commercial mortgage loans and restructure them to more favorable terms. Just look at recent figures in an article by Zacks Equit...
Understanding Forensic Loan Audits
Thursday, June 17
As part a commercial loan workout, a forensic loan audit may be performed to uncover any errors when the commercial mortgage was originally issued.During the commercial real estate boom of early to mid 2000's, a fair amount of mortgage loans had inaccuracies and federal violations. Since a large ...