Thursday, September 6, 2007

Foreign Nationals: Today's Sign That Liquidity May Be Returning To The Market

I am working with a Dublin-based real estate developer, providing Irish real estate investors with mortgages for United States-based properties. A project on which we are currently working has been interesting in context of how the mortgage market is changing. When we started work on this Chicago-based condo building, the lending landscape was very different than it is today. Our initial lender evaluation for the buyers/investors included eight separate banks and a multitude of mortgage products. As of today, we...



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[Source: The Mortgage Reports Blog]

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