Metwest commercial lender inc
Turmoil in the credit markets and economic weakness has virtually frozen the commercial property markets, with buyers reluctant to commit as prices fall and sellers refusing to deal unless forced to by financing constraints, a panel of real estate financiers said this week.
Maximizing recovery on your loan: What to do when all else fails? (The Business Press)
With the meltdown of the capital markets, industry experts are busy analyzing how the Fed’s rescue plan and other global conditions will impact the escalating rate of commercial loan defaults.
Commercial paper rises for first time in 7 weeks (Washington Post)
NEW YORK — The market for the short-term debt known as commercial paper grew last week _ a good sign for companies worried about having to refinance at the end of the year, when investors are loath to take on risk.
Reserve Bank cuts key rates (Navhind Times)
MUMBAI - Paving the way for easing home, car and commercial loan rates, the Reserve Bank of India on Saturday announced steps to pump in an estimated additional Rs 85,000 crore in the system by cutting deposit requirements and key rates, a move that complements the government s steps to boost economic growth.
RBI measures to induce rate cuts: Bankers (Hindustan Times)
COMMENT ON THIS ! Your Views! The Reserve Bank’s move to further cut reserve ratios and short term lending rate (Repo) would induce banks to cut lending rates like commercial, home, auto loans as well as deposit rates, but it may take some time to materialise, bankers said on Saturday.
DebtX Announces More Than $1 Billion in Loan Sales (PR Newswire via Yahoo! Finance)
DebtX, the largest marketplace for commercial loans, today announced it will sell more than $1 billion in loans from two Federal Deposit Insurance Corporation receiverships, a national loan servicer, and two regional U.S. banks.
Commercial paper rises for first time in 7 weeks (AP via Yahoo! News)
The Federal Reserve says the amount of commercial paper in the market increased over the past week for the first time since the collapse of Lehman Brothers Holdings Inc.
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