webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
The biggest question in the commercial real estate industry during this recession is, what will happen to all the loans that need to be refinanced if lenders are not lending money?

Read the rest of this great post here

webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
As lenders were toppled by the real estate crash, three, possibly four, different entities have serviced the loan, or held the mortgage note to the property, which Locke just wants to be rid of.

Read the rest of this great post here

webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
Two former Myrtle Beach area bank officials pleaded guilty in federal court here Monday to bank fraud charges as part of an ongoing federal investigation into fraudulent mortgage transactions that contributed to the decimation of this area’s real estate industry.

Read the rest of this great post here

Random Feed wrote an interesting post today on
Here’s a quick excerpt
Cautious lenders want borrowers to be on the job with guaranteed income, not on or preparing to go on maternity or paternity leave.

Read the rest of this great post here

Random Feed wrote an interesting post today on
Here’s a quick excerpt
Financial firms buy from defunct or troubled lenders, then either work out payments or seize the collateral

Share and Enjoy:

Read the rest of this great post here