Over at Peter Pays Paul I posted on how a commercial mortgage lender can add value in the current market.
Here is a snippet of whaty I wrote:
In the current market brokers are having more difficulty providing these items of value. LTVs have decreased, rates have gone up, and many banks are only lending to existing customers.
How does a broker survive and add value in this market?
Peter,
Liked your post. Yes I agree, that is a central question. How will the future of lending affect all the players involved? I think survival of the fittest is going to kick in and everyone will just have to work harder!
Corey
Corey,
I agree. I think the cream will rise to the top during these down times. The superstars will shine bright and those that were posers will fade away into oblivion.
Comments(2)