Many people in the commercial and multi-family real estate business are not familiar with the term “full-service, independent” mortgage banking company. What does this mean? Independent mortgage banking companies are generally regional privately held mortgage banking companies that offer high…
A credit rating is an opinion or classification of a debtor’s credit risk. It is the grade that indicates the likelihood that a business will default on its financial obligations. Large corporations that issue debt (corporate bonds) are rated by the…
Top executives from prominent lenders weighed in on many capital market hot topics at Barry Slatt Mortgage Company’s 21st Annual Lenders Panel and Luncheon. The event featured representatives from a selection of our correspondent lenders which included Symetra Financial, StanCorp…
Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our most competitive correspondent lenders in the market. Loan amounts range from $1,000,000 – $50,000,000 Nationwide lending platform with a preference towards large MSA’s Interest…
The 10 Year U.S. Treasury (US10Y) came up from the 2.37% it closed at yesterday to 2.39%, ending the 6-day slide. “Treasuries rallied after the Fed signaled it was done raising interest rates for the moment, driving yields on 10-year notes down…
The 10-year benchmark US Treasury (US10Y) closed today at 2.53%. Rates went down to 2.55% in early January before rising back up to a 2.60%-2.70% range for most of January, February, and March. The adjustment came on the heels of Federal…
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