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 CommercialLeads.net - Federal Guidelines for Commercial Loan Mods Issued- CommercialLeads.net - Federal Guidelines for Commercial Loan Mods Issued
- September 08, 2010
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The Federal Government recently issued a Policy Statement regarding the restructuring of commercial debt laying the foundation for banks and servicers to work through the nearly 2 trillion dollars in maturing loans coming due over the next few years. With little financing available for refinancing and ltvs out of control there is little opportunity to obtain new financing.
The Federal Government recently issued a Policy Statement regarding the restructuring of commercial debt. While this is not the same type of program or edict as on the residential side it has provided both motivation and guidance for all banks as to how, when and under what circumstances commercial real estate loans should be modified.
The governments focus was not so much on loan amounts or property types but loan status and cash flow predictability. As we have noted both in our training and...
- View more at: http://www.1888pressrelease.com/commercialleads-net-federal-guidelines-for-commercial-loan-pr-239143.html
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