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Lenders take a hard look at hotel loans - Brief Article
Lenders have become more conservative in their lending criteria following the busy years of 1997 and 1998. Now that lenders view many markets as overbuilt, ......(Continue Reading)

End of refinancing boom jolts Countrywide Credit; mortgage banker reports record earnings as loans sag - Countrywide Credit Industries Inc
Countrywide Credit Industries Inc., the Pasadena-based mortgage banker which rode the mortgage refinancing wave to rise from relative obscurity to become ......(Continue Reading)

Fannie Mae lightens the co-op load - Federal National Mortgage Association president Larry Small reduces restrictions for loans on New York, New York apartment
After considerable persuasion by Queens Borough President Claire Shulman and Rep. Charles Schumer, the Federal agency that is America's largest source ......(Continue Reading)

CMBS issuance riding high for first months of 1998 - commercial mortgage-backed securities
The volume of commercial mortgage-backed securities issued during the first month and a half of 1998 rose 250%. Demand has increased so much that some commercial lenders have been able to raise their...(Continue Reading)

Will new mortgage programs attract more transactions?
Mortgage financing companies have introduced programs to entice commercial real estate buyers to accept current interest rates rather than wait for them ......(Continue Reading)

 

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