Monthly Archives: August 2009

No Flex in CMBS means More Defaults

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Tough Times, Tough Solutions for Community Bankers

As the FDIC fund runs on toward empty, Banc Investment Group reports that a major component of loan origination for community banks is commercial real estate lending, and these banks could remain under pressure for the remainder of the year. … Continue reading

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416 Banks? Try 616 Banks, Or More

Welcome to your foxhole. Ignore the Howitzer rounds and thew machine guns. There’s not much you can do but hunker down in the trench known as community banking if you have a high concentration of CRE or construction loans and … Continue reading

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Good, Bad, Ugly Old News and New

OK, let’s start with the Bad and Ugly: Remember savings banks? According to the OTS today, “thrifts reported a slight quarterly profit in the second quarter, the first positive results since mid-2007, but the number of companies and assets in … Continue reading

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Is Housing leading Us Out?

Yes, it looks that way! Here’s what the MBA reports: “New National Association of Realtors data shows that home resales grew in July at the fastest monthly clip in a decade. Sales of previously owned single-family houses, townhomes and condominiums … Continue reading

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It is a Long Slide on the CRE Side

Mid 2010 for commercial real estate, that’s the “turn,” so they say. Here is Reuters this morning: “The National Association of Realtors said the commercial real estate market slowed to its lowest level in 15 years during the second quarter. … Continue reading

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Finding a Job in the SBA World

Those in the know know that SBA + BDO + BANKING = NOT NOW. At least that’s the sentiment out there. But community banks are waking up and smelling the profits. Their priorities: Control risk, add revenue, grow the client … Continue reading

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Once Upon a Time – The Success Plan for Commercial Mortgage Brokers

Once upon a time, a successful small balance commercial mortgage broker became more successful despite the worst recession in 50 years. He realized that the only liquidity in the CRE market, for a while, was in the SBA sponsored loan … Continue reading

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Here Comes the Wave

Pity the guys and gals who have yet to get the message: CMBS delinquencies in CRE cut across all markets and property types. Result: It’s a lot more work to win the prize (client satisfaction) and the holy Grail (investor … Continue reading

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Think it’s SLOW out there?

The MBA reported today that “Commercial and multifamily mortgage originations continue to feel the effects of the recession and the credit crunch, with volumes 54 percent below last year’s second quarter and 83 percent below the peak seen in the … Continue reading

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