Any banker or finance pro willing to comment?

Are banks less incentivized to hold mortgages with low interest now that they’re trying to offload during periods like this?

like
Posting as :
works at
You are currently posting as works at

I am confused here, are we saying that a bank would be unwilling to uphold a contract they signed

like

They’d offload it to sell to other banks? Or make originators buy back their mortgages for whatever flaw

Related Posts

Thinking about starting a company. I have the perfect name. The web domain is for sale for $19K. When would you pull the trigger on buying it?

like

All opinions welcome: if you were to win a lottery where you get $5,000 a week for the rest of your life, would you quit your job? I know it's not millions all at once but it's still way more than I'm making now. Or would you keep working and use your income as pocket change?

like

I am a final year Monroe College student. I need help in finding a viable position to make a decent living.

like

What are good ETFs I should research about that are non-tech?

likehelpful

What’s everyone buying today?

like

Current making 300k as a consultant in Chicago … have a mega fund associate offer in similar amount, but it’s in NYC… not sure if it worth the move financially?

like

When your Uber doesn't know how to follow directions or use GPS. Um, can I get a refund?

like

Fishies with home loans, how do you stay calm about job security? I am freaking out

like

Has anyone tried activating the Peleton/CSR partnership deal yet? It seems too good to be true!! Makes me feel like renewing the card for 2021 might still be worth it if they keep throwing these perks.

Post Photo
likefunny

Which Firms have the best tuition assistance programs (with or without years-of-service contracts)?

like

For a young investor (24), what’s an ideal portfolio structure for % in stocks vs. ETFs?

like

Thinking about a move to Brea, CA.. any suggestions/advice ? 140K with two kids

like

Wondering if buying out my lease and trading for another lease might be good arbitrage opportunity. Let’s say buyout price is $30k and trade in value is $35k, what’s the best way to go about getting into another lease? If I pay cash, I don’t want to roll all that equity into the next lease. I don’t want to sell private and then be on the hook for tax either. Any ideas?

like

Fishes, I'm living in Chennai... Shall I take sodexo to avoid the tax. Is that a best option to take? Or waste of money??

like

Need some advice on deciding to REFI my home loan. I know there are cost and fees associated so I’m not sure if it’s worth it for me. Here are the details: I am prequalified for a 2.5% interest rate (2.671 APY) for 210k mortgage amount. I bought my place in 2016 with a loan for 208k at 3.5%. Property will probably appraise today for 425k. Would love to cash out refi and invest money but not if my monthly housing payments are significantly higher. THANKS

like

Anyone feels like they are earning more, spending more and worrying more?
#financeinsingapore

like

ATL fishes...looking for an estate planner in the city. Any recs?

like

Has anyone done the Portugal Golden Visa successfully? Are there investment options with decent ROI? A lot of the info on websites seems kind of scammy 🇵🇹

How much are you spending on your wedding, compared to income? I’m thinking of spending ~50% of my yearly income (after taxes). I have it saved, and it’s about 30% of my lifetime savings, but it will take a while to earn it back. For context I am not a homeowner so could use the funds more efficiently. Any guidance is helpful!

like

Any experience with First Advantage for background check ? Any comment would be appreciated.

like

More Posts

Thought on Simon-Kucher & Partners?

Currently at a T2.

like

When your CD squeezes your ass at the Christmas party ☹️

like

Currently in the process at McKinsey & Company europe, it's been 2 weeks and no answer (did the solve game) I checked online and my application is still active, is Mck under a hiring freeze?

like

Just got a company-wide email from our general counsel that we’re not allowed to put client work THAT’S ALREADY BEEN PUBLISHED on our personal websites/portfolios. (Cont’d)

likehelpful

My application for an M&A spot at Deloitte was rejected in under 48 hrs!

likefunny

Anyone else keep getting more interviews/callbacks from the big tech companies and outright rejected by the small ones? What does it even mean??

like

Anyone works for SEC as an accountant? How is it?

likesmart

that moment when you realize that science and faith aren't mutually exclusive...

like

How diverse is Portland really? Everyone talks about it like it's San Francisco in the 70's, but is it racially diverse or super white? Just wondering since my son is Black and I'd love for him to feel less alone. We're looking at moving in the summer time but are still checking things out. Real opinions please!

like

I am young and look it but looking to gain credibility with clients as a manager now but they always call me out for being the youngest in the room and treat me as such. Looking for tips to mitigate

Are there any LGBT networking groups for consultants, PE, banning, executives ?

like

Bought this morning but should’ve waited but then I would’ve waited to then wait again to then be mad I didn’t buy

like

Any one working btis eds du4 project in HCL?
Need some help please reply asap?

like

How to get founders skin in the game?

Hi all, I work in biotech and have 6yrs of professional experience in my industry. I'm starting up my own shop and I've been scouting for co founders to do the technical parts of our work while I do the business side of things.

But as we continue to set things up I worry about them flaking out and their commitment in general. How have you ensured that your co founders are committed? How did they get skin in the game?

like

What is the current notice period policy in Accenture for L10?

like

What’s a good tech sales company for someone that has two years of sales under their belt and wants to make 6 figures?

like

I currently work in commercial banking and have been contemplating the switch to private credit / direct lending. Right now I’m struggling with where we are in the economic cycle as I feel private credit is less secure in downturns but would give me more career upside. Wondering if anyone else has dealt with a similar situation/has any advice?

like

Salary of SA from Treasury Advisory Practice in PWC india. Please help. Asking for a friend who is negotiating salary

Additional Posts in The Real Estate Bowl

Looking for a Mortgage broker in Chicago to refinance my primary home. Any recommendations?

like

Experienced landlords or anyone who knows: looking to rent out our condo. Thinking of creating an llc and open a po box for privacy. Anyone do this? I know anyone can find anyone on internet but on the lease can we just put the llc and po box and leave our names off?

like

Builder is offering 2% discount if I use construction loans. Home build time is about a year. I still have to explore how construction loans work but any initial thoughts or things to keep in mind?

like

Thoughts on the real estate market in urban areas following these protests and covid-19?

like

Is it advisable to pay off a property rather than take loan and pay mortgage?
I am unsure of paying off a property that I recently bought because I will have to put most of my savings into this one investment.

like

How much does it cost to evict a tenant and how do you prepare for this scenario in advance?

like

Have to relocate to the Dallas area for work. Haven’t spent much time there. What areas should we be looking at?

likehelpfulfunny

Any RE books folks recommend?

So haven’t bought a house yet and have been interested in buying a house for a while for various reasons. Partly because I want to experiment with Airbnb and if that doesn’t work, then renting it out.

like

Anyone know how much I can expect to pay to put a small tiny house on land zoned for multi family in central Florida? Doable for under 50k? Goal is to rent it out

like

Bought condo from parents for 180K with fmv 450K. I’m coming up on 2 years of living here but thinking about moving. Should I sell or rent out? 165K left on mortgage. Monthly cashflow if I rent would be ~200-300.

like

Choice between a really nice property, under budget, with a pool (main reason for wanting this place), minor updates needed + landscaping eventually (well manicured lawn), in great school district (no kids so don't care but it makes it well positioned for resale - only lasted a week last time it was on the market 4 yrs ago), vs. new construction townhouse, in similar area, max budget + higher taxes ... On paper it sounds like a no-brainer but I'm torn... Some help here plz 🙏

like

Stamped Concrete or Pavers?

like

I'd like to sell my condo in Central NJ but I've never done something like that before and feel a bit overwhelmed / intimidated by the process. Adding to the complexity, it's a deceased parent on the mortgage, not me. Is a realtor someone that can help? How do I find a good one?

like

Would you buy this home at this price point?
https://distinctivedesignbuildllc.com/17944-revere-way-prior-lake-listing-page/

Assuming:
- you like and know the area
- good schools
- you aren't averse to a rambler
- good finishes

Post Photo

How does the occupancy clause work on a loan refinance? I've been living at my primary home for years and plan to stay, but with COVID I wanted to keep my options open. Lawyer says occupancy applies to before the loan. But that doesn't seem right if I just signed the refinance documents with that occupancy language...

like

Thoughts/experience with martel turnkey? Any similar company do you recommend? Planning to buy my first rental property. Do you just sign the papers with them then collect rent? Obv Im trying to get more info before I talk to their rep. Thanks!

like

Hi, I am working remotely as a Contractor. I love my job, but I am thinking to go to a Real Estate school since my husband & I think I would be great a realtor because of my personality.

I can’t make a decision - if I take Online classes or In person classes.

I moved to Chicago after Pandemic started, so I don’t have any friends here. I think I want to go to an in person real estate school just so I can make friends in Chicago. Online classes are cheaper than in person.

What should I do?

like

Anyone recently bought a home in FHA loan? Can you share the rate? Looking to buy multi family unit with FHA loan.

like

I’m buying a house and will be renting out a room to my long term roommate. Do I need to have him sign a lease?

like