One of the more material provisions in an intercreditor agreement between a mortgage lender and a mezzanine lender is the “payment subordination” provision. A typical payment subordination provision ...

The Aa3 senior lien revenue rating reflects satisfactory debt service coverage and liquidity levels, an elevated debt profile and satisfactory legal provisions. The rating also incorporates a strong ...

Written by Alexander J. Chaudhry, as originally published in The Reverse Review. A subordination agreement is a written agreement between two lien holders who hold liens on the same real estate. This ...

Former Countrywide executive Craig Anderson has left the mortgage banking giant to head up Plano, TX-based Infinity Lien Solutions, LLC, a start-up focused on providing products and services to the ...

Thinking about refinancing? A second lien may affect whether you can. If you’ve taken out a second lien on your home, it is subordinate to your primary mortgage and must be dealt with. It can’t be ...

The subordinate lien HOT bonds are payable from a subordinate lien on the revenues of the 7% HOT, plus a subordinate lien on the earnings on the investment of the HOT fund, the debt service fund, and ...

The New York City Municipal Water Finance Authority plans to market $500 million of taxable Build America Bonds on its subordinate lien on Tuesday. The authority has not yet released a structure, but ...

Loans are a staple of small business throughout the U.S. Subordinate loans are often just as important as the primary variety. Just as an equity loan, which is recorded after the first mortgage, can ...

The Federal Financial Institutions Examination Council (FFIEC) members have issued the following statement on Support for Responsible Loss Mitigation Activities. The statement reiterates the FFIEC ...

The Oregon Department of Transportation heads to market next week to price highway user tax revenue bonds amid political ...