Mar
10
Billions of dollars worth of commercial mortgages are due to reset from 2009 to 2012. Many holders of these mortgages won’t be able to refinance because of decreasing property values. High unemployment has also taken a toll on the real estate market. Because tenants are not able make rent payments, scores of office and apartment complexes will likely have less cash flow and go into foreclosure. How can a Commercial Loan Modification help avoid…
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