Author Archives: ipgocorp

Lastest Commercial Loans News

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The Mezzanine Loan Surprise
As a result, the Uniform Commercial Code, rather than real property law, will govern that security package. And the UCC gives every mezzanine lender that receives an equity pledge a potentially very powerful and quick way to get rid of the mezzanine …
Read more on Commercial Observer

Wells Fargo Got Some Nice Holiday Presents
It is also the #1 commercial real estate originator, the #1 middle market commercial lender, the #1 small business lender, etc. It was careful with its own mortgage originations before the housing crash, but it bought Wachovia as a result of the US …
Read more on Seeking Alpha

Mortgage rates tick up, above record low

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Mortgage rates tick up, above record low
WASHINGTON (AP) — Average rates on fixed mortgages ticked up this week just slightly above their record lows, keeping home-buying and refinancing attractive. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year loans ticked up to …
Read more on USA TODAY

The rate game
7, the average national rate on a 30-year, fixed-interest mortgage was 3.47% — the lowest in the history of the national Mortgage Bankers Association's rates survey. People interested in a 15-year mortgage had the opportunity to secure one at 2.85%.
Read more on The City Wire

Proposal Could Broaden Government Refinance Programs
I'm not sure that I really know how to describe our national housing policy as set forth by the Obama Administration. But I suppose if forced to place it into words, I could do worse than “refis for everybody!” Now we learn that yet another refinance …
Read more on Mortgage Rates & Trends (blog)

Year in review: Bankers, bonds, debt, oil, pop-ups and booze

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Year in review: Bankers, bonds, debt, oil, pop-ups and booze
Locked in talks over the €2bn owed by Treasury's bosses, Johnny Ronan and Richard Barrett, Nama took the choice to appoint receivers to those properties that had been pledged as security for €500m of loans owed to the State-owned terrible bank. Treasury …
Read more on Irish Examiner

Hedge your housing bets, analysts say
There are no limitations from banks on home loans, the returns are stable, ownership is permanent and some countries even throw in a package deal for a citizenship with buy. But a huge investment return always comes with high risk. Experts warned …
Read more on China Daily