Market Wrap: Wow. Today is one of those rare days when its 'OK' to 'pop the corks' and do a little celebrating. Our benchmark 4.5% mortgage bond sliced its way through a tough layer of overhead resistance like a hot knife through butter. The bond gained 138bp to close at $102.47 after trading in a widely expanded 153bp range. The day's economic news showing hotter than expected consumer inflation took a back seat to the Fed and their FOMC Policy Statement. As widely expected, the Fed kept their target for the Fed Funds rate at 0.00% to 0.25%. For bond traders, expectations were running high that the Fed would offer new programs or expand existing bond buy-back programs. And the Fed delivered on both counts in a huge way. In a new move, the Fed said they would spend up to $300 billion during the next six months to buy long-term Treasury bonds. They also stated they will expand the existing $500 billion buy-back program for mortgage-backed securities with another $750 billion, bringing their total commitment to a staggering $1.25 trillion. The Fed will also raise its buy-back of direct Fannie and Freddie debt to $200 billion. All of these moves are designed to lower interest rates for mortgages and other forms of consumer debt to help the economy recover from a deep recession. We should now see conventional 30-year rates stabilize near historic lows providing excellent refinance opportunities. The stock market also reacted favorably with the Dow reclaiming 90 points to close at 7,486. The broader S&P 500 Index added 16 points to end at 794 while the NASDAQ Composite Index picked up 29 points to close at 1,491.

Let the Professionals Work on your Commercial Loan Modification

In-Vision Financial launches commercial loan modification program, It has become more prevalent that commercial mortgage holders have found it more and more trouble making their payments, and have been unable to refinance to the lower interest rates that we have seen in this environment. We have successfully negotiated with multiple lenders to modify our client commercial loans. So we have decided to offer this service to a wider range of clients. We have lowered interest rates, moved delinquencies to the back of the mortgage, and restructured terms. Call us to find out how we can help you. We can be reached at 866-926-0576 or vist our loan modification page.

HUD Section 202 Housing Loan Program

Recently, HUD issued policy change H 04-21 to the Section 202 Housing Code. This major policy change allows Section 202 communities to refinance debt at today's low rates and use the savings to improve facilities and enhance the living experience for residents.

•· 90% Loan-to-value, no cash out

•· 35 Year amortization

•· 35 Year Term (no balloon)

•· No maximum loan amount

•· Low, fixed interest rate, based on market spreads over the Ten-Year Treasury Yield.

•· Negotiable pre-payment terms

•· 1:18 Minimum Debt Service Coverage

•· Third-party expenses and loan costs are financeable.

•· Net Operating Income and valuation may utilize Section 8 Contract rents

Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes. Contact us for detailed information or a specific quote on a project. Please call 866-353-3432 x704 or visit In-Vision Financial.

Today I came across an article on MSNBC that Commercial Real Estate Activity Continuing to Decline, I don’t necessarily agree with this. And here is why businesses still need to grow and receive money. While it is true that many lenders have closed their Commercial mortgage books for the time being, many have decided to take advantage of the down turn and pick up solid assets that they normally could not get. The downturn that many are seeing are from banks that have residential components to them. Many lenders in the Commercial Mortgage, business have never lent residentially and still have strong balance sheets.

Let’s take for a moment what products are hot, and who are lending them. Multi Family projects are strong both in purchase and refinance. Flagged hotels are still strong, we have hedge funds that the average investor/developer would never know about. Development Projects are also equally strong. Many investors with private money are lending, because they can get a better return on their money than they can in the markets.

Remember this if you have these 3 things you can get a commercial mortgage form us.

1. Strong Credit

2. A Cash flowing Deal

3. Assets

If anyone has any questions please feel free to contact me at 866.353.3432 x704 or go to In-Vision Financial’s Website.

Here is an interesting article in the San Diego newspaper on the credit Crunch and how it is effecting the Commercial Loans. It is my experince that local banks are not lending. And most banks that have a residential componet to them are also not lending. However there are many commercial only banks that are lending on solid deals. They were always conservative. For the most part Commercial lenders over the years have not taken many risks, except for the Interbays and the Silver Hill's of the world.

$171 billion in loans coming due this year

By Mike Freeman

UNION-TRIBUNE STAFF WRITER

2:00 a.m. February 19, 2009

With credit markets still shaky, about $171 billion in loans backed by offices, shopping centers, hotels and other commercial buildings are coming due this year.

Experts increasingly wonder whether there's enough credit capacity in the system to refinance them.

Yesterday, at a conference sponsored by the Burnham-Moores Center for Real Estate at the University of San Diego, bankers and real estate experts tried to tackle the crucial questions facing the market. Read More

On a positive note we are still lending, with closing's weekly. If you have any questions please feel free to call or go to In-Vision Financials website.