Commercial Mortgage

Commercial Mortgage

A commercial mortgage loan is similar to a traditional mortgage loan in that the loan is secured by the real estate property. The difference is that the property is a commercial building or property and not residential. The borrower is a business or corporation. The application process and loan terms are often more detailed and [...]

Commercial/multifamily mortgage debt rises in Q3 2009

December 8, 2009 Mortgage Financing

More mortgage investor groups for commercial and multifamily properties fell into delinquency during the third quarter of 2009 as a result of the still-struggling economy, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report.
The report, which was released on Monday, found the number of commercial mortgage-backed securities that fell at least 30 days behind [...]

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Commercial real estate to improve in 2010, says study

December 30, 2009 Mortgage Financing

Despite the downright horrible year that most would conclude the commercial real estate market experienced in 2009, a new Investment Trends Quarterly report produced jointly by the CCIM Institute and Real Estate Research Corporation is painting a more optimistic picture for the market in 2010.
"For those of us involved in the business of commercial real [...]

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Treasury issues new regulations to curb defaults in commercial real estate

September 15, 2009 FHA Mortgages

As experts brace for rough waters in the commercial real estate market, the U.S Treasury Department is adopting new regulations designed to minimize the amount of people defaulting on their mortgage payments.
According to Bloomberg, the new regulations – which will go into effect on September 16 – will ease requirements for collateral and allow [...]

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No rebound seen for commercial real estate until at 2011, say surveys

November 6, 2009 Mortgage Financing

Numerous reports are predicting a dire future for the commercial real estate market, reporting that the worst has yet to come and a recovery will not be seen until 2011.
According to the Emerging Trends in Real Estate report released on Thursday by the Urban Land Institute and PricewaterhouseCoopers LLP, values of commercial real estate properties [...]

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FHA mortgage lender launches ad campaign to educate borrowers

May 18, 2009 FHA Mortgages

Lend America, a direct-to-consumer Federal Housing Administration (FHA) lender, said today it is launching a new national advertising campaign to educate struggling homeowners facing foreclosure on the U.S. Government’s HOPE For Homeowners (H4H) foreclosure prevention program.
The new ad campaign – Relief Comes in the Form of Hope – premiered in the national print edition [...]

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Commercial real estate’s struggles to continue in 2010

January 7, 2010 Mortgage Financing

As the economic recovery slowly progresses throughout 2010, some experts fear the commercial real estate market may continue to struggle until 2011.
According to Grubb & Ellis chief economist Bob Bach, most commercial mortgages will continue to suffer in the new year as confidence struggles to rebound after a tough 2009.
"Many have called commercial real estate [...]

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