Posted on April 2nd, 2008 by justin
Although to this point the housing slump has not affected the commercial mortgage market, many lenders are getting nervous and investors are pulling back. This is being blamed on numerous factors, including the continuing economic crunch and fears that loan rates will not come down far enough to allow commercial mortgage holders the capability of […]
Posted on April 2nd, 2008 by justin
Although many have feared that commercial mortgages would be affected by the housing crisis, experts are assuring that the majority of these loans are safe and have quite a few years before they become mature.
“There’s been a general impression that a large volume of commercial/multifamily mortgages are coming due this year and next,” said Jamie […]
Posted on April 2nd, 2008 by justin
Although the residential markets may be failing, many analysts believe that the strength of commercial mortgages is holding many banks together in this difficult time. For example, Lehman Brothers, who currently holds more than $31 million in commercial mortgages is actually doing better, as opposed to Bear Stearns, which recently announced that they had to […]