CMBS spreads are slowing declining after widening dramatically in August; however, the market did not see a new multi-borrower conduit deal price after mid-August, so dealers noted that the spread improvement was based on secondary market trades. The last new multi-borrower CMBS deal to price was … [Read more...] about 9.5.14: CMBS Market Update and August Review
8.14.13: SBA Compliance Review — Critical Issues
Lenders need to monitor some missteps that could mean a possible impairment to the SBA guaranty and should be taken seriously when making, closing, and servicing an SBA loan portfolio should the lender be audited by the SBA. Examples of critical issues that are common in a loan review are as … [Read more...] about 8.14.13: SBA Compliance Review — Critical Issues
3.19.10: ValueXpress to Brokers: “Find HUD Loans in Pre-Review States.”
“I have been receiving an increasing number of inquiries from mortgage bankers and brokers asking how to make a living until the commercial mortgage lending markets improve to historical levels,” said Michael D. Sneden, Executive Vice President at ValueXpress. “My advice is to market a viable loan … [Read more...] about 3.19.10: ValueXpress to Brokers: “Find HUD Loans in Pre-Review States.”
2.5.10: Fourth-Quarter 2009 Lending Market Review
Fourth-quarter 2009 saw an improved lending environment. Each of the following had a positive effect in the market that should lead to more commercial lending in 2010: CMBS securities prices continued to climb on existing senior investment-grade CMBS, reducing investor yields. Prices for older … [Read more...] about 2.5.10: Fourth-Quarter 2009 Lending Market Review