Posts in Mortgage and Lending Companies

Banks Decrease Construction Loans and Increase Commercial/Multifamily Mortgages in Third Quarter 2009

Washington, DC – December 17, 2009 – (RealEstateRama) — The level of commercial/multifamily mortgage debt outstanding decreased in the third quarter, to $3.43 trillion, according to the Mortgage Bankers Association (MBA) analysis of the Federal Reserve Board Flow of Funds data. Link to complete article at RealEstateRama

Economic turmoil – The US commercial real estate perspective

As numerous US public and private enterprises work to jump-start the national economy – much attention has been paid to restoring the health of the residential real estate market and the banking system. Yet, as the global recession has deepened, the commercial real estate market also faces distinct hardships. Link to complete article at KPMG

Floating-Rate CMBS Heads for Crash Landing

NEW YORK CITY-In one of the most sweeping CMBS assessments year-to-date, Fitch Ratings has placed $20.6 billion in bonds from 33 floating-rate CMBS transactions on Rating Watch Negative. Link to complete article on GlobeSt.com

Commercial real estate forecast uncertain

WASHINGTON, DC – November 19, 2009 – (RealEstateRama) — The recent deep economic downturn has had a pronounced impact on commercial real estate sectors, but credit availability is the big unknown that will determine how soon commercial markets recover, according to the National Association of Realtors®. Link to complete article in RealEstateRama

Commercial real estate up for the first time since 2007

View Reuters article-click here