Archives for October 2014

ValueXpress will be among the sponsors of the first National Alliance of Commercial Loan Brokers (NACLB) Annual Conference & Expo at the Red Rock Casino in Las Vegas, Nevada. ValueXpress will be sponsoring the luncheon on Monday, March 9th that will feature the conference keynote speaker. The … [Read more...] about 10.31.14: ValueXpress to be a Keynote Sponsor at the 2015 National Alliance of Commercial Loan Brokers Conference

Third-quarter 2014 commercial and multifamily mortgage loan originations were 16% higher than a year earlier and 18% higher than in the second quarter, according to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. "Commercial real … [Read more...] about 10.28.14: Commercial/Multifamily Mortgage Bankers Originations Up!

SBA 7(a) loan volumes continued to grow modestly, continuing a two-year growth pattern since 2012, according to a report by Charles H. Green, although fiscal 2014 (October 1, 2013 through September 30, 2014) was a year without noteworthy economic growth and lenders facing a number of changes in the … [Read more...] about 10.19.14: SBA 7(a) Loan Volume Rises in Fiscal Year 2014

Everyone involved in the origination and underwriting of CMBS conduit loans or the creation and selling of CMBS securities backed by the loans is keenly aware of the swap market. The swap rate is integral to the interest rate charged CMBS conduit loan borrowers and a key factor in the profitability … [Read more...] about 10.17.14: Treasury and Swap Rates Go on a Wild Ride!

After declining gradually for three months, oil prices suddenly tumbled almost $4 on October 14. It was the largest single-day decline in more than a year, and it brought the price of Brent crude, an international benchmark, to $85 per barrel. At its peak in June, a barrel cost $115. Oil … [Read more...] about 10.14.14: Will Declining Oil Prices Affect CMBS Conduit Loans in North Dakota?

Similar to the SBA 7(a) program, the U.S. Department of Agriculture (USDA) operates a loan guarantee program to promote business growth in rural areas of the country. The most popular program is the Business and Industry (B&I) Guaranteed Loan Program. The purpose of the B&I Guaranteed Loan … [Read more...] about 10.6.14: Alleged Orlando Loan Originator Fraud Paralyzes USDA Secondary Market

After tracking slightly behind last year’s pace, an active third quarter allowed year-to-date CMBS issuance to exceed last year for the first time. According to Commercial Mortgage Alert, worldwide third-quarter CMBS issuance totaled $71.2 billion, up from $69.0 billion a year earlier. Based solely … [Read more...] about 10.3.14: 2014 CMBS Volume on Pace to Exceed Last Year