Introduction to Locking a Rate: HUD Multifamily Loans

The rate-lock process is a black box of mystery and intrigue. It involves knowing how investors think, what economic data points affect interest rates, and what a lender is trying to achieve through a bond sale. The securities market for Ginnie Mae TBA's is very small--only a handful of buyers--and the lender reps who manage the process are paid handsomely. This course will introduce you to the fundamental elements of the practice, so you can facilitate Best Execution for your HUD loan, whether borrower or lender, and maybe become more valuable to the company you work for.