View our articles about commercial foreclosure processing tips, news, and resources for lenders across the United States.
Tough economic updates have led to major changes in the Oregon commercial real estate industry. The market has been hit with decreasing office and commercial space occupancy, rising inflation, and the increasing costliness of natural disasters. Do you find yourself … Read More
US lenders are preparing for the economic downturn in 2023 that will affect businesses in all states. There are many reasons that businesses fail, from mismanagement of funds, poor management, insufficient capital, and economic downturn. As a result, unfortunately, many … Read More
Hard money loans differ from traditional loans in that they are secured by real property based on the value of that property and are typically granted without the need for a credit check, appraisal, or evaluation of personal financials. This … Read More
The effort by employers to return employees to the office is a hard-fought battle and is lending to many workers demanding the flexibility to enter jobs that can be performed either remotely or on a hybrid schedule. “Already, we are … Read More
Although many hotels are almost back to full capacity, many still face delinquency as a result of the impact from the COVID-19 pandemic. Many small-to-medium lenders that have never enacted a foreclosure have found themselves weighing their options. When foreclosing … Read More
When borrowers stop making payments on the loan for their commercial real estate property, lenders will pursue any chance to bring the borrower out of delinquency. However, when all resources have been exhausted, the final action is to enact a … Read More
When a borrower pays a loan in full, it is the responsibility of the lender to issue a reconveyance to indicate satisfaction of the mortgage. A deed of reconveyance provides documentation that the lender acknowledges the property is now in … Read More
Modern media presents foreclosures as dramatic events that come with little forewarning or time to come up with alternative resolution options. In reality, foreclosures require a lot of preplanning, communication, and regulatory compliance. Foreclosures often have months and sometimes years … Read More
It is not uncommon for lenders to wait months or even years after a borrower defaults to begin the foreclosure process. This is often for good reasons — it is financially better for lenders to get a delinquent borrower back … Read More
During a receivership, the receiver’s role is to protect the interests of the lender or investors and maximize the value of the property. Receivers have many years of experience in managing commercial real estate assets, and they are well-equipped to … Read More
Total Lender Solutions and Mortgage Lender Services have come together to form a single assessment collection partner. Under the name Total Lender Solutions, we will continue business with the same people you have come to know and trust over the years, and we remain dedicated to serving all of our clients with integrity and care.