The recent declines in rates impacted the West Coast most prominently, said Max Slyusarchuk, CEO of A&D Mortgage, a Hollywood, Fla.-based independent mortgage banker that finances non-QM loans through multiple channels.
“We have less runoff than lenders on the West Coast,” he said. He estimates that rates have fallen a little over 20 basis points in the past couple weeks.
As A&D Mortgage’s Communications Manager. Carl Holman has more than 20 years of expertise in marketing, media relations, and communications, having spent 10 years of his career in mortgage lending and real estate. He holds a Bachelor’s in Journalism and Mass Communications from the University of South Carolina.