News & Discussion
June 24, 2009 — Learn how your bank's environmental due diligence stacks up against other lending institutions. Topics to be covered include the latest benchmarks on Phase I pricing and turnaround time, additional levels of environmental due diligence, the impact of more stringent underwriting standards, and the types of due diligence being applied to foreclosures. Listen to this complimentary webinar now to see how your institutions policy holds up.
May 30, 2009 — Make no mistake about it; this $1 trillion program will have an impact. The PPIP program calls for investors to partner with Uncle Sam to buy up troubled loans and securities stands an excellent chance of helping to value toxic assets and begin to move commercial REOs to market.
May 29, 2009 — After months of preparation, the commonground community for environmental and property due diligence has been redesigned. Using your feedback and suggestions, we’ve added features, improved existing elements and reorganized ourselves a bit – all with you in mind. Check out the new improvements, read the latest blogs and discussions, and let us know what you think.
May 4, 2009 — In an 8-1 decision, the United States Supreme Court ruled that Shell Oil Co. cannot be held responsible for cleanup of a contaminated site simply because it delivered chemicals to a now-defunct company on the site.
April 21, 2009 — Listen to EDR's webinar analyzing the March 1, 2009 changes to the SBA's updates to its environmental policy.
March 15, 2009 — A disciplined due diligence process helps protect a lender's bottom line. Contaminated property securing a loan transaction can expose a lending institution to direct liability for cleanup costs, as well as probable litigation. From the March 2009 issue of Scotsman Guide.
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