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Tag Archives: Commercial Mortgage Renegotiation
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 Real Estate Hole
Washington D.C.-area developer Jeff Neal gives the Huffington Post Investigative Fund a tour of empty commercial properties just blocks from the Capitol building. Hundreds of small and medium-size banks are facing huge numbers of possible defaults by builders who erected … Continue reading
How to Handle a Commercial Mortgage Renegotiation
It’s a fact among many that the number of commercial mortgage renegotiation continues to increase since the regulatory authorities released a new policy statement ordering banks and financial institutions to assist struggling loan borrowers and provide with practical resolutions for … Continue reading
Differences Between a Commercial Mortgage Renegotiation and a Home Loan Modification
In the current financial crisis, mortgages that are in trouble are not only residential homes but they also include commercial properties. A commercial mortgage is quite similar to a home mortgage but the borrower is usually a business entity instead … Continue reading