Mortgage rates moved lower again today following another lower-than-expected reading on an inflation report. Yesterday’s Consumer Price Index (CPI) had a bigger impact on the underlying bond market, but today’s Producer Price Index (PPI) wasn’t far behind. Additionally, bonds did a better job of holding onto the improvement into the afternoon hours. This allowed mortgage […]
Mortgage Rates Fall to Lowest Levels in a Week Read More »
Apollo PK Air Management is seeing the launch of its sixth aviation loan securitization this month, raising an expected $890.9 million from the capital markets. Processing Content The transaction, PK ALIFT Loan Funding 9 will use the proceeds to buy a portfolio of 42 loan facilities, made up of 110 loans. A majority of them
PK ALIFT expected to raise $890.9 million in ABS Read More »
Robert “Bob” Murphy Jr., considered to be a pioneer in the growth of appraisal management companies, died on July 8. He was 83 years old, according to an online obituary. Processing Content Murphy was the co-founder of Lenders Service Inc., a forerunner of today’s ServiceLink, and a company which was considered to be the first
Bob Murphy, appraisal management company pioneer, dies Read More »