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Bridger Commercial Funding returns to the commercial mortgage-backed securities market

15 hours ago ago from North San Francisco Bay Area, Sonoma, Marin, Napa counties - North Bay Business Journal

By Jenna V. Loceff, Business Journal Staff Reporter Print Friendly Email a Friend MILL VALLEY After a two year hiatus from the Commercial Mortgage-Backed Securities market, Bridger Commercial Funding headquartered in Mill Valley has gotten back in. “Recent activity in the CMBS market is signaling that the credit logjam plaguing commercial real estate lending for the past two years is starting to break,” Peter Grabell, executive ...

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Former Countrywide Mortgage Broker Accused of Bank Fraud

13 hours ago ago from Real Estate News - General Real Estate Buying & Selling Tips

A former broker at Countrywide Mortgage named Alex Z. Biscocho, 42, from Portland, Oregon is accused of devising a scheme to defraud First Franklin Financial Corporation regarding the sale of his parent’s home in 2006. He is alleged to have prepared a loan application on behalf of a third party borrower which contained falsified income and asset information. The indictment alleges that the borrower became concerned about the information ...

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