The Financial Industry Regulatory Authority announced that it has censured and fined Morgan Stanley & Co LLC $1 million for violating market access rules.
The GSEs offer incentive programs for low-income housing
(via Scotsman Guide)
For the 7th year in a row the legislature in New Jersey is trying to pass a commercial financing disclosure bill. While a notable component is an APR requirement it also applies a broad warning to brokers.
(via deBanked)
Commercial mortgage originators and brokers should understand the securitization process and how its use has greatly expanded within the commercial real estate sector as a way to finance projects and gain investors. And a new way of securitizing a type of bridge loan could be a game changer for commercial real estate.
(via Scotsman Guide)
It may seem like an obvious standard, but the most credible lenders originate loans they know will perform. Confidence and an unrelenting commitment to realizing good outcomes are integral principles to incorporate across a business. This attitude has an impact not only in the origination stage, but it is also the key to reaching securitization.
(via Scotsman Guide)
Below are recent treasuries and SOFR rates from Chatham Financial. Check out their site to view even more rates.
U.S. Treasuries
5 year
4.173% 07 Nov 2024
3.849% 08 Oct 2024
4.517% 08 Nov 2023
10 Year
4.333% 07 Nov 2024
4.017% 08 Oct 2024
4.511% 08 Nov 2023
SOFR (Secured Overnight Financing Rate)
4.81000% 06 Nov 2024
4.83000% 07 Oct 2024
5.32000% 07 Nov 2023
Other U.S. Rates (Fed Funds Effective Rate)
4.830% 06 Nov 2024
4.830% 07 Oct 2024
5.330% 07 Nov 2023