Current Market Note Pricing

[Chris Seveney]

This month we have seen an incredible amount of potential deal flow come across our desk, but based on the bid results, a lot of trades are still not trading. 

We are seeing performing loans (Scratch and Dent) with a WAC between 4-6 trading in the low to mid 70's.

Bridge debt in 10-11% trading at high 90's and Par. 

As of now it is still a sellers market but there were ALOT of loans that did not trade that lenders are looking to get off their books, so I anticipate loan pricing to soften slightly.