In Texas the foreclosure activity in respect of commercial real estate foreclosures are mounting in certain pockets – notably Tarrant County and Dallas-Fort Worth Metroplex Area. Addison-based Foreclosure Listing Service Inc. released a report on 20th May wherein many interesting statistics have come to the fore. The report compares the commercial foreclosure activity of different [...]
The proposition made by some that regulation of the finance industry was already in place through banking regulators standards and SEC reporting standards has some credence due to its truth. However, when banking disclosure requirements are creatures of statute, it is yet a remote manner in which the Federal government has subsidized the capital costs [...]
Commercial foreclosures are identical to residential properties in everything including the procedure, process, delinquency, and re-structuring of mortgage etc. The difference is mortgage lenders are not carried away by the decision to foreclose the property immediately, but wait till all the options are exhausted to work out a plan, with a view to avoid foreclosure [...]
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