The 10-year benchmark US Treasury (US10Y) closed today at 2.94%. While the rate still sits below the year’s high of 3.12% set back on May 17th, it has climbed modestly throughout the month of June after closing out May at…
With many investors focusing on the multi-family market as their favorite real estate asset class, it is essential to understand where multi-family properties fit in today’s dynamic capital markets. The following is a summary of how the major lender classifications…
Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our correspondent bank products: Loan amounts range from $1,000,000 – $30,000,000 Lends nationally in major markets Offers variable rate loans, and can offer fixed…
The following are “top takeaways” from the Mortgage Bankers Association’s (MBA) Commercial/Multi-Family Servicing and Technology Conference in Miami, Florida earlier this week. We met with nearly a dozen of our correspondent lenders and the responsibilities of a capable loan servicer…
The 10-year benchmark US Treasury (US10Y) closed today at 2.95%. The rate is up from its 12-month low in August 2017 of 2.06%. This year’s high of 3.03% was set on April 25th and marks the first time yields have…
Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our most competitive Life Insurance Company correspondent lenders in the market: Loan amounts range from $500,000-50 million Lends Nationally in major markets Typical fixed-rate…
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