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Podcast: The Loan Officer Podcast
Episode: Episode 219: Rate Sheets, Second Homes and Investment Properties, Explained.
Description: This episode covers why mortgage rate sheets are missing par pricing. D.O. explains why many rate quotes are coming with discount points being paid by the consumer.
Tune in as he geeks out on the mortgage backed securities market and why they are disincentivizing premium priced interest rates. There’s logical reasoning why Freddie Mac and Fannie Mae are imposing their LLPAs on second homes - find out why.
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