At year-end 2017, commercial mortgage loan
exposure represented 12% of invested assets.
Almost every day, I am asked why some commercial mortgage loan
requests are easily approved while others are rejected.
(FICS [R])--a mortgage technology specialist that provides in-house residential origination and servicing technology and commercial servicing technology to the mortgage industry--announced the recent rollout of its BusinessObjects [TM] Enterprise Professional (BOE) and Crystal Reports [R] XI to users of its commercial mortgage loan
servicing system, Commercial Servicer [R].
24 September 2012 a[euro]" US commercial real estate services and business solutions provider Situs Inc said that it had taken over Deutsche Bank AG'S (ETR:DBK) European commercial mortgage loan
servicing operations, which are based in London, UK.
Following the rollout to Mortgage Servicer customers, FICS will deploy the solution to its customers using its commercial mortgage loan
servicing system, Commercial Servicer[R], and then to those customers using Loan Producer[R], FICS' residential mortgage loan origination system.
The solution for many lenders will be an alt-A small-balance commercial mortgage loan
Procida Funding LLC and Fidelity & Guaranty Life Insurance Company (FGL) closed on the sale of a commercial mortgage loan
secured by a multi-family development in Union City, N.J.
Commercial mortgage loan
servicers face many challenges associated with the electronic delivery of information to borrowers, investors, trustees and colleagues.
"Over the past 18 months, we have completed more than $300 million in successfully traded loans and have seen tremendous growth and success within the commercial mortgage loan
market," commented Steven M.
While these arrangements may be effective as an extension of an in-house servicing shop, they are generally limited to discrete functions and do not provide the overall servicing expertise available from a rated commercial mortgage loan
servicer or the scale to achieve significant cost savings.
TRI Commercial/CORFAC International has been retained by a major banking institution to serve as exclusive advisor on the sale of a commercial mortgage loan
portfolio for two condominium development projects in Manhattan, totaling approximately $41 million.