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Tag Archives: commercial loss mitigation
Bridger Shuts Commercial Mortgage Lending
A Wall Street commercial property lender, Bridger Commericial Funding, has shut down this month as large banks take charge. In the past six months the number of compeating lenders balloned, Steven Mumma, co-Chief Executive Officer of Bridger said. Between 20 … Continue reading
The Commercial Financial Crisis
In the above video from CNN, a Congressional panel looks at the state of the commercial real estate market in the wake of the financial crisis. President Obama’s plan makes residential properties affordable but completely leaves out the commercial property … Continue reading
Posted in Commercial Brokers, Commercial Discount Note, Commercial Loan Modification, Commercial Loss, Commercial Mortage, Commercial Refinancing, Commercial Short Sale, Commercial Workouts
Tagged commercial loan modification, commercial loan review, commercial loan workout, commercial loss mitigation, TARP, Troubled Asset Relief Program
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Commercial Loss Mitigation Solution
The dangers of foreclosures always loom above commercial and residential properties in the United States. In December of 2009, over 3.9 million notices were served on over 2.8 million properties. The tops ten states contributing to these figures with high … Continue reading
Commercial Short Sales Defined
So what exactly is commercial short sales? It is a process that helps property and home owners to prevent foreclosure proceedings by simply selling the property in question in an amount that is below the amount owed on the mortgage … Continue reading
How a Commercial Loan Workout Helps
Because a lot of commercial properties are in no position to refinance, now is the time to utilize a commercial loan workout. Such options like a commercial loan audit or a commercial short sale are highly effective solutions to help … Continue reading
Avoid Foreclosure with Commercial Loss Mitigation
Loan mitigation is an option not only available for home loans but for commercial loans as well. Commercial loss mitigations, also referred to as commercial loan workouts, have the same concept as home loan modifications where the objective is to … Continue reading
Overview of Commercial Loss Mitigation Proceedings
Mortgage modification is considered a commercial loss mitigation procedure. Modification is by no means a general avenue to take toward refinancing your loan, getting a better interest rate on your commercial property’s debt, or to even save any money, ultimately. … Continue reading
What Is Commercial Loss Mitigation?
In simple terms, commercial loss mitigation is the process of assisting those with commercial real estate loans get reduced monthly payments through the modification of the loan terms. This is because residential loans are not the only ones in trouble … Continue reading