The first three articles in this series took you through the steps for developing a workout strategy. If you have followed those recommendations, you understand where you are and where you want to be. You have also developed...more
If you are a mortgage lender who followed the recommendations in the first two articles in this series, then you have performed due diligence on your mortgage portfolio and have taken note of the many options that are...more
If you are a mortgage lender who followed the recommendations in the first article in this series, then you should have a solid grasp of your mortgage portfolio. You have identified the relevant players and their respective...more
5/15/2024
/ Acceleration ,
Court-Appointed Receivers ,
Debtors ,
Default ,
Forbearance Agreements ,
Guarantors ,
Investment Portfolios ,
Letter of Credit ,
Mortgage Lenders ,
Mortgages ,
Secured Debt ,
Strategic Planning ,
Workout Agreements
Although the overall economy is improving, the real estate sector continues to confront serious challenges. More than $2.2 trillion in commercial real estate debt is expected to mature before the end of 20271, and much of it...more
L.A. to Legalize Residential Units Previously Created in Violation of Building Code -
On May 10, 2017, the Los Angeles City Council unanimously approved an ordinance that would permit previously unapproved dwelling...more
5/25/2017
/ Affordable Housing ,
Bailout ,
Building Codes ,
CEQA ,
City Planning Departments ,
Consultants ,
County Planning Commissions ,
Fannie Mae ,
Freddie Mac ,
Landlords ,
Loans ,
Mortgages ,
Permits ,
Residential Property Owners ,
Zoning Laws
Gov. Brown Opposes Measure S -
In a statement published less than two weeks before Los Angeles' Consolidated Municipal and Special Elections to be held on March 7, 2017, California Gov. Jerry Brown came out in opposition...more
3/6/2017
/ Ballot Measures ,
Beneficial Owner ,
FinCEN ,
Geographic Targeting Order ,
Insurance Industry ,
Mortgages ,
Ports ,
Real Estate Development ,
Real Estate Investments ,
Real Estate Market ,
Reporting Requirements ,
Title Insurance ,
Zoning Laws
California Coastal Act Blocks Housing Project in Venice Despite Earlier Approvals -
Judge James C. Chalfant of the California Court of Appeal on Sept. 29, 2016, affirmed a lower court ruling denying a developer’s petition...more
10/10/2016
/ Affordable Housing ,
Apartments ,
Appeals ,
City of Los Angeles ,
Construction Industry ,
Construction Project ,
Earthquakes ,
Foreclosure ,
Governor Brown ,
Housing Developers ,
Housing Market ,
Local Ordinance ,
Low-Income Issues ,
Mortgages ,
New Legislation ,
Popular ,
Property Ownership ,
Real Estate Development ,
Real Estate Market ,
Seismic Retrofitting ,
Single Family Housing ,
Spouses ,
Surviving Spouse ,
Variances
FDIC Clarifies "Abandoned Foreclosures" Guidelines -
The Federal Deposit Insurance Corporation (FDIC) clarified on March 2, 2016, its existing guidelines with respect to the decision by any FDIC-supervised institution to...more
Supreme Court of California Makes Mortgage Due Diligence More Difficult -
The Supreme Court of California ruled that borrowers have standing to challenge a foreclosure on the grounds that an assignment of the mortgage...more