Tag: <span>#economy #market</span>

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NOT A SURPRISE, BUT WHAT TO DO?

  Today’s post is written by Michael Green, Commercial Loan Originator for Counsel Mortgage Group, LLC. The repeat CRE sales of $39.1 billion for the first 5 months of 2020 fell 24.2% from the same time a year earlier, according to the latest monthly CoStar Commercial Repeat Sale Indices. This is the first look at the...

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BANKS ARE REVERTING TO OLD BAD HABITS

Today’s post is written by Michael Green, Commercial Loan Originator for Counsel Mortgage Group, LLC.   Banks could be slipping into old bad habits. Last year, as interest rates fell, banks started to loosen underwriting standards reminiscent of the last cycle—the kinds of missteps that ultimately led to the great recession. This includes high loan-to-value...