Loan-to-value ratio

John Marshall Bancorp, Inc. Reports Second Quarter 2023 Results, Strong Balance Sheet and Well-Positioned for Anticipated Loan Growth

Retrieved on: 
Friday, July 21, 2023
Banking, Professional Services, Finance, Insurance, Federal Reserve Bank, Tax, Risk management, FDIC, GAAP, Sale, School, Investment, Loan-to-value ratio, CECL, SBA, Security (finance), Commonwealth, Death, NOW, Consciousness, Life insurance, Cryptocurrency, Bank

Net income for the second quarter of 2023 decreased $3.4 million or 43.0% to $4.5 million compared to $7.9 million for the second quarter of 2022.

Key Points: 
  • Net income for the second quarter of 2023 decreased $3.4 million or 43.0% to $4.5 million compared to $7.9 million for the second quarter of 2022.
  • The cost of interest-bearing liabilities was 2.99% for the second quarter of 2023 compared to 0.60% for the same quarter of the prior year.
  • The annualized net interest margin for the second quarter of 2023 was 2.10% as compared to 3.16% for the same quarter of the prior year.
  • Non-interest income increased $576 thousand during the second quarter of 2023 compared to the second quarter of 2022 (GAAP).

DGAP-News: HAMBORNER REIT AG: Stable business performance and systematic implementation of revised corporate strategy

Retrieved on: 
Thursday, July 29, 2021
Money, Finance, Real estate investment trust, Economy, LTV, Loan-to-value ratio

Duisburg, 29 July 2021 - HAMBORNER REIT AG has enjoyed a stable business performance in the first half of 2021.

Key Points: 
  • Duisburg, 29 July 2021 - HAMBORNER REIT AG has enjoyed a stable business performance in the first half of 2021.
  • The increase essentially results from compensation paid in conjunction with the early termination of a lease and lower maintenance expenses.
  • The REIT equity ratio was 57.5% as of 30 June 2021 and the loan-to-value (LTV) ratio 44.6%.
  • The letting performance amounted to around 96,000 m in the first half of 2021 thanks to successful asset management activities.

Multifamily and Light Industrial Emerge as Hottest Asset Classes, According to Boulder Equity Partners

Retrieved on: 
Tuesday, July 13, 2021
Professional services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, Money, Finance, Economy, Loans, Credit, Loan-to-value ratio, Personal finance

Multifamily and light industrial have emerged as the hottest asset classes for commercial real estate funding post-pandemic, according to Dan Page, President of Boulder Equity Partners LLC, a nationwide lender for all commercial real estate loans.

Key Points: 
  • Multifamily and light industrial have emerged as the hottest asset classes for commercial real estate funding post-pandemic, according to Dan Page, President of Boulder Equity Partners LLC, a nationwide lender for all commercial real estate loans.
  • "We see growth and security (stability) in these sectors and are willing to be more flexible as a result," says Page.
  • "Both sectors are commanding loan-to-value (LTV) up to 80%, compared to an average of 65% -70%LTV in other property types."
  • Boulder Equity Partners can combine the 2019 NOI with the projected growth.

Used Car Values are Skyrocketing Resulting in a Perfect Storm for Refinancing Your Auto Loan, New Report from RateGenius Shows

Retrieved on: 
Tuesday, June 22, 2021
Money, Finance, Personal finance, Mortgage, Economy, Loans, Credit, Refinancing, Loan-to-value ratio

Used Car Inventory is Low: With fewer new cars available for purchase, used vehicles have become harder to come by, leading to a nationwide inventory shortage.

Key Points: 
  • Used Car Inventory is Low: With fewer new cars available for purchase, used vehicles have become harder to come by, leading to a nationwide inventory shortage.
  • The report looks at several factors impacting an auto refinance loan, with the increase in used car values playing a major factor.
  • Because used car values have increased, loan-to-value ratios, or LTV, have decreased, meaning that consumers vehicles are likely worth more than the value on their loans.
  • This has resulted in a perfect storm for consumers to refinance their auto loan.

Asia Capital Real Estate (ACRE) Provides $51.5 Million Loan for Luxury, Mixed-Use Community in Chicago’s West Loop Submarket

Retrieved on: 
Wednesday, June 9, 2021
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Money, Finance, Personal finance, Mortgage, Economy, Loans, Credit, Refinancing, Loan-to-value ratio

Asia Capital Real Estate (ACRE) , a global real estate private equity and debt firm, today announced it has closed on a $51.5 million loan to support the refinancing and redevelopment of The Duncan, a multi-building luxury community in Chicagos West Loop/Fulton Market neighborhood.

Key Points: 
  • Asia Capital Real Estate (ACRE) , a global real estate private equity and debt firm, today announced it has closed on a $51.5 million loan to support the refinancing and redevelopment of The Duncan, a multi-building luxury community in Chicagos West Loop/Fulton Market neighborhood.
  • The 2.5 year loan term ACRE provided includes two 1-year extension options and carries a Loan-to-Value ratio of 75.8 percent.
  • Were proud to deliver this loan and look forward to a long and productive partnership in the years to come.
  • Located at 1515 West Monroe St., The Duncan consists of two multi-level buildings one four-story and another six-story connected by the second floor.

Wilshire Quinn Provides $8,050,000 Refinance Loan in Los Angeles, California

Retrieved on: 
Tuesday, April 6, 2021
Finance, Banking, Professional services, Residential Building & Real Estate, Construction & Property, Finance, Money, Personal finance, Economy, Mortgage, Loans, Credit, Loan-to-value ratio, Wilshire, Refinancing

Wilshire Quinn Capital announced Tuesday that its private lending fund, the Wilshire Quinn Income Fund, has provided a $8,050,000 refinance loan on a multi-family property in Los Angeles, California.

Key Points: 
  • Wilshire Quinn Capital announced Tuesday that its private lending fund, the Wilshire Quinn Income Fund, has provided a $8,050,000 refinance loan on a multi-family property in Los Angeles, California.
  • The subject property appraised last month for $14,200,000, giving Wilshire Quinn a total loan-to-value ratio of 57 percent on the transaction.
  • Wilshire Quinn is a portfolio lender that typically funds loans in 5 to 7 business days, with loan amounts ranging from $200,000-$20,000,000.
  • Loans are made or arranged by Wilshire Quinn Income Fund, LLC pursuant to California Finance Lenders Law license #603J060.

Fannie Mae Announces the Results of its Nineteenth Reperforming Loan Sale Transaction

Retrieved on: 
Tuesday, April 6, 2021
Mortgage industry of the United States, Finance, Money, Loans, Economy, Fannie Mae, Mortgage loan, Loan-to-value ratio, Weighted-average loan age, Commitment rate

WASHINGTON, April 6, 2021 /PRNewswire/ --Fannie Mae (OTCQB: FNMA) today announced the results of its nineteenth reperforming loan sale transaction.

Key Points: 
  • WASHINGTON, April 6, 2021 /PRNewswire/ --Fannie Mae (OTCQB: FNMA) today announced the results of its nineteenth reperforming loan sale transaction.
  • The loan pools awarded in this most recent transaction include:
    Pool 1: 3,917 loans with an aggregate UPB of $739,492,529; average loan size of $188,791; weighted average note rate of 3.74%; and weighted average broker's price opinion (BPO) loan-to-value ratio of 81%.
  • Fannie Mae will also post information about specific pools available for purchase on that page.
  • Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of people in America.

Home Equity Improves In Most Areas Of Nation During Fourth Quarter Of 2020 As Market Continues To Avoid Pandemic Fallout

Retrieved on: 
Thursday, February 4, 2021
Money, Finance, Economy, Credit, Loan-to-value ratio, Loans, Personal finance, United States housing bubble

The count of equity-rich properties in the fourth quarter of 2020 represented 30.2 percent, or about one in three, of the 59 million mortgaged homes in the United States.

Key Points: 
  • The count of equity-rich properties in the fourth quarter of 2020 represented 30.2 percent, or about one in three, of the 59 million mortgaged homes in the United States.
  • Six of the 10 states with the biggest gains in the share of equity-rich homes from the third quarter to the fourth quarter of 2020 were in the West.
  • Five of the 10 states with the biggest declines from the third quarter of 2020 to the fourth quarter of 2020 in the percentage of homes considered seriously underwater were in the South.
  • Equity-rich: Loan to value ratio of 50 percent or lower, meaning the property owner had at least 50 percent equity.

DGAP-News: Aggregate Holdings S.A.: Company update and LTV guidance

Retrieved on: 
Thursday, January 28, 2021
Money, Finance, Economy, Credit, Loan-to-value ratio, Loans, Personal finance, LTV

Aggregate Holdings S.A. ("Aggregate"), the Germany-focussed property investment company, today provides an update on the increase in its strategic stake in Adler Group S.A. ("Adler"), and guidance for its FY 2020 Loan-to-Value ("LTV").

Key Points: 
  • Aggregate Holdings S.A. ("Aggregate"), the Germany-focussed property investment company, today provides an update on the increase in its strategic stake in Adler Group S.A. ("Adler"), and guidance for its FY 2020 Loan-to-Value ("LTV").
  • For FY 2020, Aggregate expects its LTV to be around 45%, and maintains its guidance of around or below 50% LTV in the medium-term.
  • Aggregate Holdings SA ("Aggregate") is a predominantly German-focussed real estate investment company, with interests also in Portugal.
  • Aggregate Financial Services is not a subsidiary of, and is separate from, Aggregate Holdings.

KBRA Assigns Ratings to L Street Securities Trust 2020-PMT1

Retrieved on: 
Friday, December 4, 2020
Residential Building & Real Estate, Construction & Property, Professional services, Finance, Finance, Money, Economy, Loans, Mortgage industry of the United States, Financial law, Loan-to-value ratio, Personal finance, Fannie Mae, Credit rating agency, Credit risk, Mortgage loan

Kroll Bond Rating Agency (KBRA) assigns ratings to 15 classes from L Street Securities Trust 2020-PMT1 (LSS 2020-PMT1), a credit risk sharing transaction with a total note offering of $1,700,000,000.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns ratings to 15 classes from L Street Securities Trust 2020-PMT1 (LSS 2020-PMT1), a credit risk sharing transaction with a total note offering of $1,700,000,000.
  • LSS 2020-PMT1 features credit exposure to Reference Obligations with original loan-to-value (LTV) ratios greater than 60% but less than or equal to 97%.
  • The CAA and the CCA represent unsecured contractual obligations of Fannie Mae.
  • The LSS 2020-PMT1 Reference Pool consists of 153,050 residential mortgage loans with an outstanding principal balance of approximately $43.6 billion as of the Cut-Off Date.