An update on Multi-Family rates as of April 26 2012.
Just got a loan, but do you really know how your lender calculates your monthly payment and amortization schedule? It’s not as simple as you think. In fact your lender may be calculating your payment differently than you expect or know.
Freddie just issued another CME security circular. This consists of about $1 Billion of mortgages with an expected closing date of March 31, 2011. The offering can be found at this link; http://www.freddiemac.com/mbs/data/k011oc.pdf. Lots of interesting stuff. I particularly pay attention to the loan details on Pages 317 through 328. This outlines the loan and property information [...]
Freddie Mac is going to market with another CME security. This is for about $1.4 billion secured by 76 loans covering 81 properties located around the country. The offering circular has lots of interesting data points. For someone looking at values today this can provide the appraised values on all these properties. It also provides all [...]