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Freddie Mac Survey Finds Most ARMs Have Initial Rate Above Fully-Indexed Rate
Freddie Mac has released the results of its 27th Annual Adjustable-Rate Mortgage (ARM) Survey of prime loan offerings, which was conducted Jan. 3-Jan. 5 of this year, and for the third consecutive...
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Berkadia Commercial Mortgage Launches New Floating-Rate Bridge Loan Program
Berkadia Commercial Mortgage LLC (Berkadia) has announced the launch of a new floating-rate commercial mortgage program. The program, available through Berkadia’s nationwide loan origination network,...
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With Change in Lending Limits Looming, Wholesaler Launches New Jumbo Product
TMS Funding, the wholesale residential lending channel of Total Mortgage Services LLC, has announced that it has launched a new flexible jumbo mortgage product into the wholesale marketplace. “This new...
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Homebuyers Steering Clear of ARMs
Freddie Mac has released the results of its 28th Annual Adjustable-Rate Mortgage (ARM) Survey of prime loan offerings, which was conducted Jan. 3-5 of this year. The results show ARM initial-period...
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Report Finds LIBOR Rate Scandal Investigations Make Evident That Banks Are...
Various official investigations have made it clear that a large majority of financial institutions engaged in fraudulent manipulation of the benchmark London Interbank Offered Rate (LIBOR) to their own...
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