Tag: <span>#banks #money #terms</span>

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WHO HAS MONEY TO LEND, AND HOW DO YOU GET IT? WHY BANKS ARE PUCKERED

Today’s post is written by Michael Green, Commercial Loan Originator for Counsel Mortgage Group, LLC.   Commercial and multifamily mortgage bankers are expected to close $248 billion of loans backed by income-producing properties in 2020, a 59% decline from 2019’s record volume of $601 billion, the Mortgage Bankers Association (MBA) reported. Total multifamily lending alone,...