Ah, memories! Some good, some bad and some terrifying! In this case, 10-years after the global financial markets came close to collapse, the word terrifying would seem to be a good fit! But what went wrong in 2008 and is it possible the same could happen again? To my mind, one word seems to describe the environment […]
As we approach the first Federal Reserve induced interest rate increase in about nine years, the impact on CMBS down the road will definitely bear watching! Given the way that the underwriting of commercial mortgage loans is done and the impact that an increase in rates might have on borrower credit quality, debt service coverage ratios […]
Follow @Hallmark Abstract Service Household debt is once again on the rise ($11.52 trillion) and is not that far behind the Q3 2008 peak! Most Americans are very aware of what they owe to someone else whether it be for a mortgage, a car loan, student loans, credit cards or very possibly for all four […]
Since the worst days of the economic crisis in 2008-2009 the statistics presented by the media concerning the level of new foreclosure filings in New York have indicated that borrowers are on the mend and that the tidal-wave effect of the financial crisis was over! But is this actually correct? For those of us whose […]
