Peter Fisch, Harris B. Freidus and Micah J.B. McOwen of Paul, Weiss, Rifkind, Wharton & Garrison examine two of the most common subordinate financing structures and consider whether the real estate ...
The US Department of Housing and Urban Development issued Mortgagee Letter 2009-49 to provide guidance for addressing FHA requirements for secured subordinate financing under the Federal Housing ...
I have supported seniors approaching their lenders about “subordinating” their loans to allow a senior to obtain a reverse mortgage. By doing so, the senior is able to remain in the home when they ...
Thinking about refinancing? A second lien may affect whether you can. If you’ve taken out a second lien on your home, it is subordinate to your primary mortgage and must be dealt with. It can’t be ...
The second of four panels at Commercial Observer’s Financing Commercial Real Estate Forum in New York, on Tuesday—Traditional Lending: Reshuffling the Capital Stack—featured industry experts including ...
A few months ago, we addressed the topic of encouraging borrowers to ask their lenders “what’s possible” in recasting their home loans. Some consumers who have owed more than their home was worth have ...
NEW YORK, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has launched a preferred equity and joint venture advisory and production group, to be ...
BDC Subordinate Financing, the investment arm of Business Development Bank of Canada (BDC), has appointed Barry Hubich to the new position of vice president, subordinate financing, Western Canada, and ...
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