BANKING AND CREDIT NEWS-December 28, 2018-Liberty SBF adds 8 new hires to expand commercial
real estate loan originations team
M2 EQUITYBITES-December 28, 2018-Liberty SBF adds 8 new hires to expand commercial
real estate loan originations team
Global Banking News-December 28, 2018-Liberty SBF adds 8 new hires to expand commercial
real estate loan originations team
George will serve as Vice President,
Real Estate Loan Manager and Rixey as Assistant Vice President,
Real Estate Loan Officer, both working at the bank's Wenatchee branch at 614 North Mission Street.
The Financial Stability Oversight Council (FSOC) says it still has concerns about commercial
real estate loan holdings at banks and insurance companies.
This framework consists of the
real estate loan limit of 20 percent of total loan portfolio, net of interbank loans, as well as the real estate stress test limits which were adopted in pursuit of the BSP's objective of fostering financial stability,' according to the BSP.
Real estate loan grants fell 11.5% to $230.4 million, while other loans rose 16.5% to $640.6 million.
Bellingham's Peoples Bank has recently hired Jim Hruza as a senior
real estate loan officer.
Savarese joined Hunt Mortgage Group from ACRES where he served as Vice President of Asset Management and was responsible for co-managing ACRES' commercial
real estate loan portfolio.
Comparing all residential
real estate loans it services to the Defense Manpower Data Center (DMDC) database on a quarterly basis to proactively identify active-duty servicemembers who may be eligible for benefits and protections under SCRA; Proactively reaching out to potentially eligible active-duty servicemembers identified through the DMDC database through a variety of methods to inform them of the benefits available under SCRA and how to apply for them;and Working across the industry with other servicers to develop simplified processes and procedures that make it easier for active-duty servicemembers to request the
real estate loan protections under SCRA.
Commercial
real estate loan demand is trending higher for 26 percent of respondents, but remains stagnant for 51 percent.
The Congressional Oversight Panel said in a report released today that it is "deeply concerned" that a pending wave of commercial
real estate loan failures could threaten the nation's fiscal stability, but that "no single cause" can be identified in the commercial mortgage crisis (see full report below).
real estate loan - a loan on real estate that is usually secured by a mortgage