With the Treasury department’s continued buying spree, it is no surprise that the benchmark 10-year Treasury (US10Y) has remained near all-time lows, closing today at 0.62%. A steady flow of unemployment claims due to “shelter in place” related layoffs combined with the US financial markets currently in disarray has investors looking into treasuries as a safe-haven investment. Lenders typically price loans with a spread over their benchmark index; the US10Y is the most common benchmark used by lenders to price…

Due to the market disruptions brought on by the COVID-19 virus, we believe it is important to keep our clients informed about the major segments of lending. The following is an updated summary of the state of each market segment: Insurance Companies Contrary to what we have read in other sources, many insurance company lenders are still actively originating and closing loans in this market, but have narrowed their requirements for product type and strength/experience of the borrower. The primary…

Valued Clients and Friends, With COVOID-19 causing an interruption of business Nationwide, late last week, Slatt Capital implemented our emergency continuity plan. We wanted to shed some light on the steps we are taking at Slatt Capital to continue to offer high-level financing services to all our clients. All Slatt Capital employees are equipped to work remotely and during the last week we have successfully transitioned our workforce to do so, with only limited critical functions taking place within our…