DALLAS--(BUSINESS WIRE)--Outamation, a pioneer in automation and digital transformation that reimagines workflows to deliver impactful business outcomes, today announced the launch of Outamate Mods ™, ...
Regional banks are beginning to feel the squeeze of the weakened office market, even as larger institutions are facing fewer troubled loans. The average bank with $100B or less in assets modified 0.32 ...
The real estate sector is encountering exceptional difficulties in this era of high interest rates and high—though seemingly abating—Inflation. In a distressed real estate market, owners and lenders ...
Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic. Sticker shock ...
Roughly $162B worth of securitized commercial mortgages were due to mature last year, and many lenders and investors spoke about how the patience with building owners would wear off. While patience ...
The Obama Administration is gearing up to play hardball with mortgage companies that only temporarily lower struggling homeowners’ monthly payments. But as the drive to make more loan modifications ...
A distressed office building in Houston’s Galleria area finally secured a lifeline after being threatened with foreclosure for over a year. The $68.8 million CMBS loan backed by One Riverway has been ...
(Reuters) - A lawsuit accusing Bank of America Corp of reneging on promises to help distressed homeowners modify their mortgage loans, and instead driving them into foreclosure, cannot proceed as a ...
Legal Action can Force Servicer to Grant Loan Modification when the Investor is being Sued. After months of legal battles, Kim successfully secured a loan modification in November 2024, allowing her ...
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