Learn the ins and outs of commercial loan servicing and how third parties can both increase the efficiency of a loan servicing organization and save substantial money.
Foreclosures are surging in a risky corner of commercial real-estate finance, offering one of the most profound signs yet that turmoil in the commercial property market is just beginning. Lenders this year have issued a record number of foreclosure notices…
It is crazy how far technologically we have come, but at the same time how fragile our infrastructure is. On of the largest cities in Atlanta (Fulton County) recently had a cyber “incident” which shut down the city and…
We have heard a ton of good news recently regarding inflation. Inflation has come down dramatically from its peak and the market is pricing in almost a 100% probability of an elusive soft landing. Is inflation really coming down as…
It is interesting that the market continues to focus on interest rates and employment as the barometer for the economy while totally ignoring one metric. As a lender I just did a year end analysis on our portfolio and…
Although the graph above looks like an old Atari game, it is the Federal reserve dot plot which shows a profound shift. Ironically, just a few weeks ago the Federal Reserve was touting higher rates for longer. Now the…
US commercial real estate prices have fallen this year for the first time in more than a decade, according to Moody’s Analytics, heightening the risk of more financial stress in the banking industry. What property types are declining? (hint not…
New eviction laws that Democratic lawmakers recently passed would prevent landlords from filing evictions for nonpayment for a full year after the bill is passed. It would further prohibit foreclosures over nonpayment over the same period and enact automatic forbearance…
Last year it was announced that Libor will be phased out by 2021. Why is this such big news? According to a fed survey almost 45% of mortgages are linked to it and the vast majority of jumbo…
There is a huge risk to your business and your personal finances. Are you prepared? Think of how many electronic transactions you partake in for your business and personally. From online payments to vendors, to remote deposits, to ACH,…
Job’s report tanks, one step to take now to save money With the jobs report last week what is one step everyone should take now. With all the hype that the economy continues to improve (thank the politicians),…