Commercial lending specialist, CHL Commercial, has reasserted its commitment to the commercial mortgage market and stressed it is ‘actively seeking new business Lending Mortgage ’.
“At a time when the commercial mortgage market has suffered from a number of lender pull-outs, and there has been a general tightening of product criteria across the board, Lending Mortgage [...]
Head of Commercial & Intermediary Lending at Norwich & Peterborough Building Society, said: “This was a quality event which was we found to be useful in two main ways. First of all, it was an excellent opportunity to meet with brokers – both those we already deal with and those who were new to us. [...]
TierOne Bank said Tuesday that it would close all nine of its loan production offices across the country, including one in the Triangle.
The Nebraska lender says the move, which will affect about 20 employees across the nine offices, is part of an effort to direct its lending activity to its primary market in the Plains [...]
Commercial bank lending in Singapore grew to S$256.91 billion in May from S$203.80 billion a year ago, led by a jump in business loans on the back of robust construction activity, data from the Monetary Authority of Singapore showed on Monday.
Lending to businesses grew to S$148.56 billion from S$107.98 billion a year earlier, supported by [...]
Sales of bonds backed by commercial real estate loans may fall to the lowest level since at least 1996 as investor demand for the debt slumps.
I am a big believer in backing up the truck and buying commercial-mortgage backed securities” as a weaker dollar draws foreign property buyers, BlackRock Inc. Home Loan Lending PHome Loan [...]
In 2007, we traveled with a small group of six for three months to Eastern Europe, planning our trip along the way. This year, we traveled to the Middle East with a group of 20 where everything was already planned out for us. No, it wasn’t like the infamous 1969 movie If It’s Tuesday, It [...]
Before moving into the White House, George W. Bush built the kind of vacation home that Al Gore might have designed.Trade Lending His Texas ranch captures rain and wastewater for landscaping. Solar panels line the roof and an underground geothermal system provides heating and air conditioning. There’s even a protected forest that is home to [...]
With the shakeout in the mortgage industry, federally backed FHA loans have dramatically increased in volume.
These mortgages provide consumers with long-term, fixed-rate financing insured by the government.
FHA market share has jumped from about 3 percent in 2005 to about 12 percent.
“Our volume in Texas for the first quarter of calendar year 2008 was up almost [...]
The 67 area defendants, charged in a dozen different cases, are among more than 400 snagged across the country in Operation Malicious Mortgage, “a nationwide initiative against fraudulent home lending schemes,” according to a press release from the U.S. Attorney’s office.
Prosecutors allege that more than $170 million in fraudulently-obtained home mortgages were issued by various [...]
Democratic lawmakers hoping to prevent another foreclosure crisis have approved a series of homeowner-friendly bills in the Assembly, but those measures face tougher prospects as they head to a key Senate committee today.
Resistance is strong from moderate Democrats in the upper house, who tend to be more supportive of business interests than their Assembly counterparts, [...]
