Secondary is Coming Back....

but no one knows exactly when. What this means, is that the secondary market (Wall Street) that buys CMBS (commercial mortgage backed securites) will be revived when the government buys up all of the bad CMBS out there.

There has been zero movement in the secondary market for 18 months. So, hopefully this will help the little guys out there (small balance commercial loans $5M or less).

Walker Commercial funding has always played in the private space so, this is almost irrelevant to us. But it is still good news. I will let you know when there is some actual movement in the market...we hope, for the benefit of everyone, that it is within the next 60 days.
-Brian Walker
Walker Commercial Funding