-
Recent IRS rule changes allow loan servicers and commercial property owners to agree on a workable modification before a default of the loan. Prior to this change, owners of commercial property were unable to negotiate for better terms when their loan was financed by CMBS. The market for CMBS investments broke down following the sub-prime crisis in
-
We need an entirely new way to fund commercial real estate transactions. Will the government step in with a commercial real estate bailout? Who will they bail out? Will congress pass new laws that will circumvent servicing agreements and force investors to accept renegotiated terms? These questions need to be answered. We need a new paradigm in commercial
-
Did You Know You Can Get Your Loan Mod Fees Financed for Your Borrowers? We have special financing available to borrowers even if they are currently delinquent on their mortgage and other liability payments. Get Up to $3000 for Your Borrowers within 24hrs! Your Loan Mod Clients Are Approved Within 15 Minutes! No Hassle Approvals for Clients with Poor
-
The commercial real estate crisis continues and it is proving to be more devastating to banks than the residential sub-prime crisis that sparked the financial meltdown in 2008. The Financial Post reported that US banks have been charging off (effectively assigning to the write-off bin) their commercial real estate loans at the fastest pace in since
-
I have had several people ask me about the different lead programs and specials we have going on now. Real Time Internet Leads - $15 ea.(no minimum) We can deliver 100-200 per day depending on the filter. These leads are delivered by email or post in real time as the consumer fills in the form. They may be sold up to a total of three times. Cherry Picked
-
A cram down is when a bankruptcy judge reduces the amount of a debt in a bankruptcy proceeding, often at the objection of one or more creditors. Right now, cram downs of mortgages on primary residences are not allowed in federal bankruptcy cases but proposed legislation will make the practice a legal remedy that judges can use to modify mortgages on
-
Cherry Picked Leads® prices dramatically reduced! I have reduced the price on leads 10 days to 35 days old to only $5 and older leads to only $2. This is more than a 50% reduction! To access these leads you can use the search by price function or simply limit the criteria and display 100+ leads at a time. Real Time Loan Modification Leads . No Minimum
-
A loan modification is not an easy sale. If anyone thinks that this business is some kind of bonanza like the gold rush. trust me, it is a lot harder than you think. Operating this business is just like most others, many hours of hard work with commensurate pay. That is not to say that people don't make good money. They do. They have a very well
-
With the economy in a prolonged recession, more and more business are having trouble meeting their obligations on commercial real estate loans. They are turning to a specialized group of negotiators targeting commercial loans. The alarming number of commercial real estate defaults have prompted commercial lenders of all sizes to become willing to renegotiate
-
If the bank takes your home through the foreclosure process , some states allow what is known as a deficiency judgment . This can be obtained by the mortgage lender to satisfy the debt that remains when the proceeds of the sheriff sale are less than the amount owed on the mortgage. If a deficiency judgment is obtained the lender can go after other assets