Environmental Due Diligence practices continue to evolve, and there were
several significant changes that shaped the industry in 2011. These likely will continue to have an impact on how lenders operate this year.
Commercial mortgage brokers should look closely into changes in due-diligence requirements that pertain to Small Business Administration (SBA) and Freddie Mac loans, as well as changing standards from ASTM International, formerly known as the American Society for Testing and Materials. This information will help brokers guide their clients in purchase and financing decisions.