Rate Desk notes April 23, 2020
- Stocks: 2nd day gains
- Crude $17/barrel
- UST yields flat .61-.62 bp
- 223(f) 2.65%
- 221(d)(4) 3.30%
- Fannie 3.21%
- Freddie 3.50
- Offshore investors buy $1.05 billion MF portfolio in West
- $1.6 trillion MF mortgage debt outstanding Q4 2019
- MF owners focus on vacancy and collection
- Work with tenants to keep rents current
PRO take aways:
- Weekly reporting
- Stay in touch
- Stress reduction
