Customer Service Products; Training and Conferences Coming up Soon; Capital Markets

Home / Blog / Customer Service Products; Training and Conferences Coming up Soon; Capital Markets

Posted To: Pipeline Press

What’s in a name? Lots. Try asking someone what “gluten” is. ( Here’s a comical look at that.) Try asking someone in our business what the difference is between a “mortgage” and a “deed of trust.” How about new MLOs knowing the difference between an index, a cap, a start rate, and a margin? Depending on the week and lender, 5-10% of applications are adjustable rate loans. There are hundreds of billions of residential ARMs being serviced, and markets for cash products and derivatives are progressing toward Libor replacement. But they are taking slightly different approaches. Cash markets are leaning toward a forward-looking term Secured Overnight Financing Rate , while the derivatives industry appears to be embracing a compounded SOFR in arrears...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: http://www.mortgagen...

3fe1ab71 c100 47cb afa8 202fa9b741ff 192eac71 5cc3 4621 b54b a43c88d7aad8 f293f533 eb66 4794 8e57 d0cfd60fc232 ab98b9a9 d7f2 4acd 942f 2e8e4af5e289 03abebbe 4194 48a3 9b25 a72049cf264a b5a959be e498 4797 bd2e 4044e30a1be0 6359b7f6 3458 4616 93a6 fd8d4be7e567 59ee2419 ebc5 4d35 8080 1f9ccda0935f e77aad0b 9aef 47fd 8707 cd8870e76447 0af7d990 135d 42bd a4bd 91fc81f72ceb 1a8f7efd 5e7c 4151 8076 4a913d30d87f 58288a6f bf8f 4e50 816f 27f0d9d053a1 0e947256 8a4c 4dd8 bab8 4fd907c12207 82e24ba9 12aa 4cac a937 fcd8e5d55c45 3a64af6d a421 411c 8044 57c06a7576c3 e2ce278f a606 48e0 98a7 6dc563372eb7 5d5bec7c c5b7 4a98 a0c9 f55cabaa3b8f caa4f4bf ed9d 4de6 be2c 1e2e579e8bef d04d3426 80cc 4d88 ae10 126c06909c51 fb0c68dc db20 49a8 b320 fb4e2388e110 961462a1 ba0d 4995 b864 684a8e322b2b cacece3e 42ac 469b 8af4 cd493d372514 0463961a 0e46 40c1 99fd 16a28a5481e7