A LinkedIn member, Elaine M. Lyles, posted a July 12th news article that I wanted to start a discussion on. The article that Elaine posted from the Washington Examiner is titled, “Second Wave of Real Estate Crisis to Hit Commercial Property Market.” The author, William Flook, seems to have no i...

I think we all probably know someone who is having a heck of a time finding construction financing. Good project, good borrowers, but the bank just won’t budge an inch? This is a common story in our market. What about developers who are in the middle of a good project when their banker calls i...

I’m just now coming up for air after the Crittenden National Private Lender’s Conference two weeks ago in Vegas.  I met so many great people at the event, from private money lenders and brokers to savvy real estate investors and industry innovators.  You know it’s been a successful networ...

Mortgage & Lending Fraud – Some of the Most Popular Scams Out There I found an interesting post on a popular blog, The Consumerist, about popular mortgage scams to watch out for.  Although I thought I had probably heard of all of the scams floating around out there, I was surprised t...

After listening to President Obama’s address tonight to Congress and it spurred me to try and solicit more commentary from some of you in my network on a topic I brought up in one of my most recent posts on the future of banking and lending.  Obama talked about the need to create more lend...

I found this interesting blog post recently that discussed current changes in lending and future changes: New World of Lending: 2009 Economic Forecast. Some of the facts in this post I found to be a tad bit shocking but unfortunately very believable.  One of these facts was that 40% of foreclosures...

I wanted to continue on the discussion about Stated Income Loans from a post on the blog from a few weeks ago, “Stated Income Loans – A Thing of the Past?” A banker friend of mine shared an interesting fact about her bank’s portfolio of stated income loans. Less than 1% of this said portfoli...

The government is coming in to the rescue in more ways than one.  Mortgage rates have gone down to around 5.5% and government backed loan guidelines have softened.  This is not only good news for new home buyers but also for those who want to get cash out or refi their property. How long will it l...