Kevin Monahan of ValueXpress was interviewed by Commercial Capital Training Group (CCTG). Click the arrow below to listen to what Kevin has to say about CCTG: … [Read more...] about 10.19.12: Watch Kevin Monahan Discuss Commercial Capital Training Group
10.12.12: Bharti Patel Wins NOOK Tablet at 2012 Northeast Conference of Mortgage Brokers Trade Show
Mortgage banker Bharti Patel won a NOOK Tablet e-reader at the ValueXpress booth at the Northeast Conference of Mortgage Brokers Trade Show, held recently at the Trump Taj Mahal Casino Resort in Atlantic City, N.J. Bharti is a broker associate, loan officer and manager of Richa Realty Inc. and Richa … [Read more...] about 10.12.12: Bharti Patel Wins NOOK Tablet at 2012 Northeast Conference of Mortgage Brokers Trade Show
10.10.12: CMBS Buyers Focus on Lower-Tier CMBS
The CMBS rally that took hold at midyear has been changing shape lately, according to Commercial Mortgage Alert. Increasingly, yield-hungry bond buyers are clamoring for subordinate paper, typically junior classes AS, B and C, which carries lower subordination levels and is riskier than senior CMBS. … [Read more...] about 10.10.12: CMBS Buyers Focus on Lower-Tier CMBS
10.5.12: ValueXpress to Exhibit at 2012 Northeast Conference of Mortgage Brokers
On Tuesday, October 9 and Wednesday, October 10, ValueXpress will be exhibiting at the Northeast Conference of Mortgage Brokers Trade Show in Atlantic City, N.J. Plan to stop by the Trump Taj Mahal Casino Resort Exhibition Hall and see us; ValueXpress will be in Booth 303. The annual Northeast … [Read more...] about 10.5.12: ValueXpress to Exhibit at 2012 Northeast Conference of Mortgage Brokers
10.3.12: CMBS Volume Could Hit $46 Billion for the Year
A surge of fourth-quarter deals is expected to lift full-year U.S. commercial mortgage-backed securities issuance to at least $46 billion, far above earlier estimates. Some $14.9 billion of transactions are expected to price in the fourth quarter, according to a review by Commercial Mortgage Alert. … [Read more...] about 10.3.12: CMBS Volume Could Hit $46 Billion for the Year
9.28.12: A Quick Look at New Issue CMBS Loan Underwriting
According to research by CS First Boston, one concern about the increasing rate of CMBS issuance is that the quality of underwriting has deteriorated quickly, as originators stretch in terms of credit quality, in order to increase the volume of loans coming to the market. With this in mind, CS First … [Read more...] about 9.28.12: A Quick Look at New Issue CMBS Loan Underwriting
9.21.12: Fed Move Spurs Pickup in CMBS Rally
CMBS spreads fell to post-crash lows after the long-term, super-senior bonds from a $1.3-billion multi-borrower offering by Wells Fargo, Ladder Capital and RBS priced at 85 basis points (bp) over swaps on Wednesday, September 19, 2012, according to Commercial Mortgage Alert. This was down from the … [Read more...] about 9.21.12: Fed Move Spurs Pickup in CMBS Rally
9.19.12: Tightening CMBS Spreads a Bonanza for Borrowers – Part II
In July I wrote that CMBS spread tightening has resulted in a very favorable rate environment for CMBS conduit borrowers compared with just a few months earlier. Well, based on the recent CMBS issues, borrowing rates are poised to drop further in upcoming weeks as the results of recent CMBS issues … [Read more...] about 9.19.12: Tightening CMBS Spreads a Bonanza for Borrowers – Part II
9.12.12: Small Business Capital and the Mark Feathers Saga…Cont’d
It appears that I was off base when I suggested the Securities Exchange Commission (SEC) might not understand the business model for Small Business Capital. In July, I wrote, “If you understand the structure of SBA loans, the two SBC funds conceptually make sense. The SEC alleges the returns on the … [Read more...] about 9.12.12: Small Business Capital and the Mark Feathers Saga…Cont’d
9.7.12: ValueXpress Welcomes Ken Stevenson
Ken Stevenson, a 20-year veteran in commercial real estate lending, has joined ValueXpress, effective September 1. Stevenson will be primarily responsible for commercial loan originations in the western United States. “Ken brings an outstanding breadth of experience to the ValueXpress team,” … [Read more...] about 9.7.12: ValueXpress Welcomes Ken Stevenson
