Clark Street Capital said it developed a service to pair sellers with multiple potential buyers within just two weeks. It’s meant to help small lenders close deals fast while still getting the benefits of a bidding process.
https://www.nationalmortgagenews.com/news/advisory-firm-launches-platform-for-banks-to-sell-loans-quickly
Refi potential spreads as average borrower rates rise
Nearly one-quarter of borrowers now have a rate above 5% as households in this category grow and...
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