Loan modifications are changes made to the terms of an existing loan outside the specifications contained in the original loan agreement. In a mortgage situation, loan modifications are typically ...
The CRED iQ research team zeroed in on loan modifications over the past three years, exploring trends and resolutions for commercial real estate securitized loans during this transformative period.
According to Fitch Ratings, loan modifications are likely to continue ... the Fed not lowering rates primarily affects bridge and construction lending, which are tied to shorter-term rates.
The Minnesota Department of Commerce has taken action against two out-of-state loan modification companies for operating in Minnesota without a license and allegedly engaging in deceptive practices.
Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic.
But there's one step you haven't yet navigated: getting a construction loan to finance the project. Sure, you've borrowed from the bank before. But construction loans can be quite a bit more ...