Mike Marroquin's Blog

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Mortgage and Lending - Supreme Lending - NMLS#: 1054841

ARCHIVED BLOG POSTS

2009 

Signs of Commercial Real Estate Crumbling Capmark goes under. Not unexpectedly, troubled commercial real estate lender Capmark filed for bankruptcy protection recently, wiping out the private-equity investments of KKR, Goldman Sachs (GS) and Five Mile Capital, which bought 75.4% of Capmark for $1...
11/20/2009
"Deed For Lease" Program In a new effort to slow down foreclosures, Fannie Mae is now implementing a "Deed For Lease." It is basically a deed in lieu, where the title is transferred back to the lender (subordinate liens must be removed), then Fannie Mae will lease the property back to the owner (...
11/06/2009
Another One Bites The Dust. After Bondholders tried so valiantly to get a deal done with the company in order to avoid bankruptcy or government intervention (both which would likely wipe them out), CIT Group Filed for Chapter 11 Bankruptcy protection. The U.S. Government injected about $2.3 billi...
11/01/2009
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Mike Marroquin

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