ValueXpress has been providing loan servicing support for CMBS conduit loans to clients for many years. We have increased our capacity to help more clients with servicing submissions and are accepting a limited number of new clients for 2022. ValueXpress will prepare all servicing documentation … [Read more...] about 9.30.21: VALUEXPRESS ACCEPTING NEW CLIENTS FOR 2022 CMBS SERVICING SUPPORT
2.5.21: VALUEXPRESS PROVIDES CMBS LOAN SERVICING ASSISTANCE TO CLIENTS
CMBS conduit loans require quarterly and annual financial reporting that must be provided to the loan servicer. In addition, to draw funds from reserves requires substantial documentation for the draw to be approved. Many CMBS borrowers find the reporting requirements a burden and prefer to spend … [Read more...] about 2.5.21: VALUEXPRESS PROVIDES CMBS LOAN SERVICING ASSISTANCE TO CLIENTS
6.15.18: Borrowers Seeing Improvements in CMBS Loan Servicing
A few years ago, the CRE Finance Council, a trade association for the commercial real estate finance industry, set up a task force to propose improvements to address long-running borrower complaints regarding the servicing of CMBS conduit loans. The formation of the task force resulted from concerns … [Read more...] about 6.15.18: Borrowers Seeing Improvements in CMBS Loan Servicing
5.19.17: CMBS Industry Working on Improving Loan Servicing
Borrower complaints regarding CMBS loan servicing are resulting in action by industry participants to improve the loan servicing experience. Industry leaders are recognizing that poor servicing experiences are driving borrowers to other loan products, depressing already relatively low CMBS loan … [Read more...] about 5.19.17: CMBS Industry Working on Improving Loan Servicing
