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Change is in the Air: New Environmental Due Diligence Requirements

Published in Scotsman Guide

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 per tain 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.

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