Want Money On the Street? Give it to Commercial Loan Brokers

A big, big criticism of the Wall Street Bailout not only of the TARP funds but the huge fundings by the Fed of over $5 trillion, is that none of this money is getting to main street.

Any commercial mortgage broker knows this, even those that are bad at the business.

However, if anyone smart really wanted to get the money to main street businesses all they'd need to do is select a few banks who deal with commercial real estate mortgage brokers, and give them the money.

"We" brokers currently have a huge backlog of excellent creditworthy borrowers who've been waiting on the sidelines for the credit doors to once again open, and would bring in fully packaged deals ready for terms, third-party reports, a decent underwrite and a closing.

But right now, it just isn't happening. The money is not out there on the street or even available.