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Our company has been placing debt across the United States for over 40 years through our relationship with Barry Slatt Mortgage. We look forward to the next 40.
Having access to a full team of support, not only for the placement of our loans, but also the closing and servicing has added needed convenience to our real estate decisions.
Your Insurance Servicing Specialist has just done a fantastic job, she was diligent, professional and thorough and kept us fully informed.
Sarah and Jason were wonderful to work with, and made the process so smooth! I definitely hope to have a chance to work together again and you will be the first one we reach out to if we do need to refinance or need another loan.
The financial markets have been quite volatile this week with the Dow Jones average dropping over 1,600 points between Monday, Tuesday, and Wednesday with a 139.16 bounce today. A rally in bond yields has taken hold this week with the 10-year treasury rate closing today at 0.82% down from 0.86% last week and 1.85% last year. Investors tend to buy “safe haven” treasuries when the stock market sells off. According to a 10/28/2020 article in CNN Business written by Matt…
In an effort to keep our customers up to date with current market trends, the following is a Q4 update for each sector of the lending market. Insurance Companies As we advance through the 4th quarter of 2020, most insurance companies are actively closing loans. This trend will continue through year-end and into the first quarter of 2021. When the COVID-19 driven market volatility hit in March, most insurance companies paused their lending programs. Their pause created an accumulation of uninvested…
Yesterday the MBA released their results on their survey of commercial/multifamily mortgage origination firms conducted in the first week of October 2020. Our top highlights for this survey are: Borrower demand in the “very strong” category increased 4x from the prior quarter to 24% from 6%. Lenders and originators still have a “strong” and “very strong” appetite to make loans in the 4th quarter – up to 89% from 83% in the prior quarter. Industrial and Multifamily continue to be…