home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map

twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

Commercial Mortgage News | CRE Lender Directory | CRE Statistics
Stories about commercial lending on multifamily, office, retail and industrial properties.

Bank Survey Finds Tempered Outlook for Commercial Real Estate

SAN FRANCISCO, CA (March 19, 2002) -- A recent survey of commercial real estate lending officers at banks throughout the country found that lending conditions in the sector are tighter and that a neutral outlook for 2002 predominates. The survey, conducted by Northern California-based Bridger Commercial Funding in late February, reflects the viewpoint of 158 senior loan officers from 111 banks across the nation.

Lending activity in 2002 should be flat to higher, according to survey participants. Forty-three percent expect 2002 loan volume to approximate 2001 levels while 36% expect increased lending this year. Survey results of borrower demand were similar, with 41% of lenders anticipating moderate borrower demand and 31% expecting somewhat increased demand.

"The moderate outlook reflects the tepid economic conditions that prevailed during much of 2001, along with the approaching low point in the real estate cycle," stated Greg Saunders, Executive Vice President of Bridger Commercial Funding. Many sector indicators suggest that 2002 will be the cyclical low for commercial real estate, and that recovery will take hold in 2003, Saunders observed. The survey shows a mix of caution and optimism within the industry. While 72% of the lenders reported that credit and underwriting standards have tightened somewhat, 70% expect to selectively grow their commercial real estate loan balances this year.

"Underwriting standards are tougher today than they were six months ago, but they are reasonable for this point in the cycle," Peter Grabell, Bridger Senior Vice President, added. Accordingly, 73% of the loan officers foresee a strong performance from their commercial real estate loan portfolios this year, the survey found, characterized by moderate delinquency and REO levels.

The complete results of the Lenders' 2002 Commercial Real Estate Perspectives Survey can be viewed at www.BridgerFunding.com.

Bridger Commercial Funding is the leading commercial real estate capital markets resource serving the U.S. banking industry with over 850 bank relationships nationwide. Bridger's innovative products and technology applications help banks maximize their risk-adjusted returns by accessing the secondary mortgage market. Bridger's commercial mortgage-backed securities (CMBS) loan origination program enables banks to boost financial performance by generating substantial fee income while retaining and enhancing borrower relationships.

Bridger Commercial Funding
Greg Saunders

Bridger Commercial Funding

hosted by USANow.net

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders

Copyright © 2002 MortgageDaily.com