Total Mortgage Identifies Key Trends in the Mortgage Marketplace in 2011

Milford, CT (PRWEB) January 12, 2011

Total Mortgage Services, LLC, a leading national mortgage lender featuring some of the lowest mortgage rates available, today highlighted five key trends likely to impact the mortgage industry and housing market in 2011.

The mortgage and housing markets continue to be impacted by the housing crisis, which has fundamentally and permanently altered these businesses, commented John Walsh, President of Total Mortgage Services. In 2011, we expect the mortgage and housing markets to continue to undergo rapid changes. However, those who are able to rise to these challenges and opportunities will be able to survive and prosper in the new year.

2011 Mortgage Industry Trends

Quality mortgage brokers will survive and remain relevant: Mortgage brokers, who are committed to extensive product knowledge, ethical behavior, and the highest levels of customer service, provide significant value to borrowers throughout the mortgage process. Without the mortgage broker, competition amongst lenders will diminish. Mortgage brokers have the ability to shop for the best rates and products at a variety of mortgage lenders. This allows individual borrowers to obtain access to a wide array of products and rates. It also creates competition between lenders that benefits borrowers through lower rates and better products. The many benefits that brokers provide to borrowers help to ensure their continued relevance in the competitive mortgage industry.

Marabella Commercial Finance, Inc. Originates Permanent Financing for a 1031 Net Leased Walgreen Pharmacy and Kohls Department Store in Second Quarter 2011

Carlsbad, CA (PRWEB) June 21, 2011

Marabella Commercial Finance, Inc. originates permanent financing for a 1031 Net Leased Walgreen Pharmacy and Kohls Department Store.

Marabella Commercial Finance, Inc. funded a $ 4.8 million loan for the Kohls corporate leased department store. The Buyer for this transaction was involved in a 1031 exchange transaction. The Borrower requested a long fixed rate loan term and amortization. Marabella Commercial Finance, Inc. arranged a Life Company loan with a 15 year fixed rate and 25 year amortization giving the borrower a more manageable balloon payment in the fifteenth year with excellent cash flow. The Borrower wanted a forward rate lock so Marabella Commercial Finance, Inc. structured an approximate 90 day forward rate lock and the rate was locked early in the process at 5.875%. This loan was Non-Recourse with Standard Carve-Outs. Marabella negotiated an annual non-cumulative partial prepayment of ten percent (10%) of the outstanding loan balance without a prepayment premium. This loan was applied for on around March 18, 2011 and funded on June 15, 2011.

For the Walgreen Corporate leased pharmacy Christian S. Marabella of Marabella Commercial Finance, Inc. met with the Borrower at Marabellas satellite office in Beverly Hills, California and structured a Bank Portfolio Loan which will give the Borrower a lot of flexibility in the future if they need to work with the bank for any reason versus that of a securitized loan where the loan is sold to bond investors on Wall Street. The loan amount that was required per the 1031 Exchange came to $ 5,500,000 (Upleg). The rate on this loan was a very low 5.35% and again Marabella Commercial Finance, Inc. negotiated a 90 day forward rate lock on behalf of the clients. The amortization for this loan was 30 years and the loan was due and payable in the 10th year. The Borrowers also requested a Non-Recourse loan with standard carve-outs which was structured. A highlight of this loan was the very friendly prepayment penalty of only $ 2,500 during the first nine years of loan term again giving the Borrowers a lot of flexibility if they consider refinancing or selling the property to a new purchaser in the 10 year period. This loan was applied for on around March 15, 2011 and funded on June 15, 2011.

About Marabella Commercial Finance

Marabella Commercial Finance specializes in arranging financing for 1031 Exchange Net Lease Buyers, Commercial Investment Properties and Large Anchored Centers. Past Credit Tenant Net Lease Properties that Marabella Commercial Finance has originated loans for are; Walgreens, CVS, Kohls, Safe-Way Stores, Rite Aid, Jack in the Box, 7-Eleven, Family Dollar, CSK Automotive, and Large Anchored Centers with credit tenants. MCF is a member of the Mortgage Bankers Association and most recently participated in the International Council of Shopping Center’s 2011 annual convention in Las Vegas. Christian S. Marabella who is President of Marabella Commercial Finance, Inc. is also in charge of Media Relations for the Association of Commercial Real Estate Executives Inland Empire (Ontario, California).


Christian S. Marabella – President

Marabella Commercial Finance

We Finance America’s 1031 Exchange Net Lease Properties

(760) 479-0800

Email: nnn(at)marabellafinance(dot)com


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Atlanta Bankruptcy Attorneys at B. Phillips & Associates Win 2011 WebAward

Altanta, GA (PRWEB) October 28, 2011

The Atlanta, Georgia law office of B. Phillips & Associates has won the 2011 WebAward from the Web Marketing Association for Outstanding Achievement in Web Development.

Since 1997, the Web Marketing Associations annual WebAward Competition has been setting the standard of excellence for website development. Independent expert judges from around the world review sites in 96 industries. They recognize the best with a WebAward, which helps interactive professionals promote themselves, their companies, and their best work to the outside world. The WebAward competition is the premier recognition program for web developers and marketers worldwide.

According to attorney Bob J. Phillips, “My new site has been designed entirely with my clients and potential clients in mind. I am proud of the website and I certainly hope visitors to the site will use it as a resource to answer their initial questions, and then let us guide them through the bankruptcy process personally.”

The new website explains bankruptcy advice offered by the firm in detail. It also shares biographical information about Bob J. Phillips background, experience, and education. Website visitors learn how B. Phillips & Associates can assist them with their financial issues. Mr. Phillips has developed a solid reputation for maintaining high ethical standards while helping people find solutions to their debt, foreclosure and taxation problems.

About B. Phillips & Associates

Atlanta bankruptcy attorney Bob J. Phillips focuses exclusively on helping people with financial hardships. He has helped many clients resolve their financial issues and get a fresh start. He strives to provide his clients with caring and responsive legal representation. The firm offers legal counsel primarily in the following practice areas:

2011 Very Strong for Vermont Captive Insurance Licenses

Monteplier, VT (PRWEB) January 10, 2012

2011 was the 6th year Vermont Captive surpassed the 40 new captives licensed mark with 41 new captive insurance companies bringing the total number of licenses to 952, according to data released by the Vermont Banking, Insurance, Securities and Health Care Administration (BISHCA).

Thirty were single parent captives, with six risk retention groups (RRG), three sponsored, one industrial insured, and one association. 2011s new captive insurance licensees brings Vermont overall total to 952 with 590 active captive insurance companies.

One of the most exciting aspects of 2011 and a perennial key to our success is the high quality of companies that we are privileged to work with, said David Provost, Vermonts Deputy Commissioner of Captive Insurance. Were also seeing the States continued investment in staff helping us continue to provide outstanding customer service. Thats very much a part of what keeps Vermont the Gold Standard.

Despite the soft market each quarter of 2011 had steady growth. This strong year is testimony to our continued commitment to maintain Vermonts reputation as the Gold Standard of domiciles, said Governor Peter Shumlin. While other states continue to falter, Vermonts stability and support has never wavered. We will continue to address the needs of the industry going forward and will not rest on our laurels.

The top industries licensing captives in the past year in Vermont were insurance, hospitals and medical groups and manufacturing. Vermont was also busy with activity in risk retention groups which continue to be a growth sector.

Vermont is the leader in RRGs and that trend has been a constant. Another area of growth has been in redomestications of existing captives from other states and jurisdictions. We continue to hear that Vermont provides the greatest value for your captive insurance company, said Daniel Towle, Director of Financial Services.

As 2012 begins, two new captives have been licensed and there are already four applications pending according to Towle. The overall market may be soft, but it is also very dynamic and we expect good things to come from 2012.

Captive insurance is a regulated form of self insurance that has been around since the 1960s, and has been a part of the Vermont insurance industry since 1981, when Vermont passed the Special Insurer Act. Captive insurance companies are formed by companies or groups of companies as a form of alternative insurance to better manage their own risk. Captives are typically used for corporate lines of insurance such as property, general liability, products liability, or professional liability. Growth sectors of the captive insurance industry include securitization, professional medical malpractice coverage for doctors and hospitals, and the continued trend of small and mid-sized companies forming captive insurance companies.

For more information on Vermonts captive industry, visit, call Dan Towle at 802-828-5232 or email dan(dot)towle(at)state(dot)vt(dot)us.