Rate Desk April 23, 2020

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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