Although there is no formal standard industry definition for what constitutes a “middle-market commercial loan”, many consider loans in the $1,000,000-$50,000,000 range to be included in the middle market space. Many lenders, brokers and mortgage bankers do not like the…
The 10-year benchmark US Treasury (US10Y) closed today at 2.026%. May and June saw the US10Y continue its 2019 decline all the way down to 1.94% on 7/5/2019. After a brief and subtle recovery back above the 2.00% mark, the…
Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our most competitive Life Insurance correspondent lenders in the market. Loan amounts range from $500,000 – $20,000,000 with a focus on $2,000,000 – $10,000,000 Nationwide…
The following are 2nd quarter 2019 market trends that have been identified by Barry Slatt Mortgage: Interest rates for long-term fixed-rate loans have decreased substantially since the end of 2018. While adjustable rate loans based on U.S. Prime and LIBOR…
The MBA held its annual Commercial/Multi-family Servicing and Technology Conference in Los Angeles earlier this month. Management and members of our servicing team spent several days meeting individually with our correspondent lenders, networking with peers, and learning about key issues…
ICSC RECon 2019 was held in Las Vegas, Nevada earlier this week. Half a dozen of our producers were in attendance at the retail organization’s largest annual event. Our team spent several days connecting with principal/owner clients and colleagues active…
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