An update on Multi-Family rates as of April 26 2012.
I often get asked by clients why the need to send me so much information just to get a quote on a loan. They want to tell me what they think the property is worth and think I should then be able to give them a firm quote. They tell me other mortgage brokers do [...]
The question I get most asked is how does yield maintenance prepayment penalty work and should I be worried about it. This is especially true for borrowers who had previously borrowed from banks and are now looking at a loan from Freddie Mac or Fannie Mae. My short answer is that this is not something [...]
Someone recently sent me a copy of a great research piece by Barclays Capital. This is an analysis of the investing in Fannie Mae DUS loans titled DUS: A Primer. Its a basic analysis of the DUS program from the bond investors perspective. It clearly outlines the program, how it works and why its beneficial [...]