A&D Market Digest for Week of 5/22/23

Atlantic City September 29 - October 2

Get valuable insights on correspondent business development and securitization in financial markets from a recent discussion between Hanna Roslyk, Correspondent Business Development, and Alex Suslov, Head of Capital Markets.

  • Benefits of securitization: more affordable financing and increased flexibility for lenders
  • Securitized assets: residential mortgage-backed securities as a prime example
  • The paramount role of credit ratings in securitization transactions
  • Correspondent business development: working with lenders to sell loans to investors
  • Understanding the distinctions between brokers and lenders in terms of roles and responsibilities
  • Various channels offered by correspondent business: wholesale, non-delegated, and full delegated options
  • Transitioning into the role of a lender: steps to consider based on your business goals and scale

BREAKING NEWS

Attention all mortgage brokers! We are excited to announce that A&D Mortgage is now licensed to originate mortgages in the beautiful state of Washington! Our team is dedicated to providing top-notch service and assisting our clients every step of the way. Let us help you and your clients achieve their homeownership dreams in the mesmerizing Pacific Northwest.
Check out our recent blog article on some of the most affordable cities in the Evergreen State.

MARKET NEWS

  • DSNEWS  Changing the Landscape of Housing. The usage of programs increased by 0.5% during the Q1 2023 according to Down Payment Resource (DPR).
  • Wall Street Journal’s Buy Side How to Get a Mortgage if You’re Self-Employed – Buy Side from WSJ. A&D Mortgage CEO Max Slyusarchuk shares valuable insights on working with self-employed borrowers to secure mortgages.
  • MReportRent Hits an Average of $1,967. Rents grew by a minute 0.3% in April to a year-over-year price of $1,967, the 11th consecutive month of slowing rent growth according to a new report from Redfin. That compares to a revised increase of 1.4% one month earlier and a 16% increase one year earlier.

UPCOMING WEBINARS

Below is a schedule of upcoming FREE webinars occurring every Tuesday at 1 PM EST. Just click on the webinar you are interested in attending to register.

New Broker Orientation

May 13 @ 1 PM EST
Join us for an informative webinar for new brokers to be successful with A&D Mortgage. Learn about important programs, services and technologies designed to expand your pipeline and close loans quickly. NOTE: This is intended for Approved Broker Partners currently working with A&D Mortgage.