Foreclosures are surging in a risky corner of commercial real-estate finance, offering one of the most profound signs yet that turmoil in the commercial property market is just beginning. Lenders this year have issued a record number of foreclosure notices for...
Cyberattack stops all real estate closings in one large city
It is crazy how far technologically we have come, but at the same time how fragile our infrastructure is. On of the largest cities in Atlanta (Fulton County) recently had a cyber “incident” which shut down the city and halted all real estate closings. This...
Is inflation really coming down?
We have heard a ton of good news recently regarding inflation. Inflation has come down dramatically from its peak and the market is pricing in almost a 100% probability of an elusive soft landing. Is inflation really coming down as fast as the consumer price index...
One metric for risk is off the charts, impact on real estate
It is interesting that the market continues to focus on interest rates and employment as the barometer for the economy while totally ignoring one metric. As a lender I just did a year end analysis on our portfolio and one metric jumped off the page increasing...
Fed reverses course, interest rates fall, my servicing data tells a different story
Although the graph above looks like an old Atari game, it is the Federal reserve dot plot which shows a profound shift. Ironically, just a few weeks ago the Federal Reserve was touting higher rates for longer. Now the federal reserve has done a 180 and has...
Commercial real estate is falling: what is causing the decline? (December 2023 update)
US commercial real estate prices have fallen this year for the first time in more than a decade, according to Moody’s Analytics, heightening the risk of more financial stress in the banking industry. What property types are declining? (hint not just office...
Ban on evictions and foreclosures for a year, impact on real estate
New eviction laws that Democratic lawmakers recently passed would prevent landlords from filing evictions for nonpayment for a full year after the bill is passed. It would further prohibit foreclosures over nonpayment over the same period and enact automatic...
Libor replaced, will your mortgage be more expensive now?
Last year it was announced that Libor will be phased out by 2021. Why is this such big news? According to a fed survey almost 45% of mortgages are linked to Libor and the vast majority of jumbo loans are Libor based. In total there is about 862 billion...
You and your business are at “bank” risk, one simple step you should take
There is a huge risk to your business and your personal finances. Are you prepared? Think of how many electronic transactions you partake in for your business and personally. From online payments to vendors, to remote deposits, to ACH, to wires, and the list...
Job report tanks one step to take now to save money
Job’s report tanks, one step to take now to save money With the jobs report last week what is one step everyone should take now. With all the hype that the economy continues to improve (thank the politicians), there are still strong undercurrents. Last...
Private hard money lender closings
Fairview Lending (https://www.fairviewlending.com) is the leader in private lending in Colorado, Georgia and Illinois. We strictly lend our own money and there are never any upfront fees. We have recently updated a list of some of our recent hard money closings. ...
MA foreclosure case and impact on Lenders
summary and impact of recent MA foreclosure ruling nullifying a foreclosure due to improper documentation
Loan broker fraud
Do you know your loan broker? There was an interesting article in the Wall Street Journal (www.wsj.com ) regarding mortgage brokers / Loan arrangers. In this article the author discussed a drastic rise in the fees that borrowers were being taken for without...
Commercial Loan Servicing
Fairview Commercial Lending is pleases to announce the creation of a stand-alone commercial servicing organization (www.fairviewservicing.com) . Commercial Loan Servicing Fairview (fairviewlending.com) has established a stand-alone commercial loan servicing entity. ...













