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Blackstone Mortgage Trust: Checking In With This 7.4%-Yielding Commercial Mortgage REIT – An investment in BXMT yields 7.4 percent. blackstone Mortgage Trust. of the REIT’s loans were linked to floating rates, setting the company up for NII-growth as long as the Fed moves along the.
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List: Birmingham’s top mortgage lenders stepping up loan activity – Those same companies saw their total loan value rise by an average of 5.4 percent in that span. We’ve recapped the top five mortgage lenders from our List below. and only includes lenders that made.
Mortgage Insurers Net Semi-Win for Bigger Piece of Freddie Loans – the new Freddie Mac and Fannie Mae programs will likely let some insurers provide an extra 2.65 percent of coverage on pools of loans. With the expected mortgage volume of $4 billion, that would lead.
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Repossessed Broward office building sells at 61% discount – The price equated to $50 per square foot. Although the sale price was a 61 percent discount from the mortgage, Trepp reported that the lender took a 100 percent loss on Coral Springs Financial Plaza.
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Biggest online lenders don’t always check key borrower details – For 100 percent of its loans, the company verifies borrowers. Even for loans that have collateral, such as mortgages, lenders usually vet borrowers’ income and employment, said Andy Pollock, chief.
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