Yield Maintenance vs Declining Prepay: The price of locking in.
In roughly 4 out of 5 multifamily agency loans originated over the last decade, borrowers chose a yield maintenance type of prepayment scheme over declining prepay.... »
In roughly 4 out of 5 multifamily agency loans originated over the last decade, borrowers chose a yield maintenance type of prepayment scheme over declining prepay.... »
You’ve likely seen news articles recently about the U.S. Fed reducing interest rates and how this will lower mortgage rates across the board. You may be... »