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PRIVATE PLACEMENT MARKETS TO ENTER THE RESIDENTIAL MORTGAGE LENDING INDUSTRY.


Steve Muehler, Managing Member of Private Placement Markets, Today Announced the Firm is Launching its “Portfolio Residential Mortgage Lending Division” the Summer of 2020.


Steve Muehler, Founder & Senior Managing Member of the Private Placement Markets today announced the firm is working to complete its Registration as a National Portfolio Residential Mortgage Lender.


According to Steve Muehler, the latest Mortgage Credit Availability Index shows lenders are tightening their standards amid the coronavirus pandemic. Overall mortgage availability is now 16% lower than it was in February and at its lowest point since June 2015. The availability of conventional loans dropped 24.2% in March, while jumbo loan availability dipped 36.9%. Government loans, which include USDA, VA and FHA mortgages, fell 6.6%. these he stated are due to the stricter eligibility requirements that lenders are putting in place, as concerns surrounding the COVID-19 outbreak—and its economic impact on borrowers is growing.


Steve Muehler went on to point out that the lending guidelines for Primary and Second Owner Occupied Properties will closely resemble the lending guidelines of the Firm’s Non-Owner Occupied Residential Loans, offering non-recourse style loans. The Firm stated it is in the midst of Regulatory Filings and anticipates a nationwide rollout in the Summer Months of 2020.

Additional Information can be found at: https://www.PPMLoans.com and https://www.PPMSecurities.com.

The Private Placement Markets is a growing global provider of alternative asset trading, Alternative Trading System (“ATS”) technology, listing, information and private / public company services. Through its diverse portfolio of solutions, the Private Placement Markets enables Entrepreneurs and Business Managers to plan, optimize and execute their business vision with confidence, using advanced technologies that provide transparency and insight for navigating today's Global Alternative Investments Capital Markets. As the creator of the world's first set of Private Placement Markets, its technology powers more than 68 market segments and is growing it operations over the next 24-months to include 50 countries. To learn more about the Private Placement Portfolio of Companies, visit:

Additional Online Resources:

About Mr. Steve Muehler, Founder & Senior Managing Member:

Personal Site: http://www.SteveMuehler.com

Personal Site: www.StevenMuehler.com

LinkedIn: https://www.linkedin.com/in/steve-muehler-819a056a/

Twitter: https://twitter.com/stevenjmuehler

Facebook: https://www.facebook.com/steve.muehler

Crunchbase: https://www.crunchbase.com/person/steven-muehler

AngelCo: https://angel.co/u/steve-muehler


Initially Published at: https://www.prlog.org/12824171-private-placement-markets-to-enter-the-residential-mortgage-lending-industry.html

Initially Published at: https://www.prfree.org/@ppmsecurities/private-placement-markets-to-enter-the-residential-mortgage-lending-industry-eqm3rbj4nkdy

All trademarks and service marks are the property of the respective parties.

NEWS SOURCE: Private Placement Markets, LLC (a Delaware Limited Liability Company) & Mr. Steve Muehler

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Private Placement Markets, LLC ("Private Placement Markets"), a Delaware Limited Liability Company, is a Private Placement Debt Underwriter, Private Debt Loan Servicing Agent and an Investor Relations Firm. The Private Placement Markets do not offer, and do not offer to provide any broker dealer or market maker services (through broker dealers and market makers are trading members of Private Placement Markets, trading both for their own accounts and/or client's accounts). The Members of the Private Placement Markets operate this website (referred to as the “Website”). By accessing this Website and any pages thereof, you agree to be bound by its Terms of Use and Privacy Policy. Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. The Private Placement Markets, and/or any of its members, do not provide financial planning services. The Private Placement Markets, and/or any of its members, do not provide tax advice and do not represent in any manner that any of the outcomes described herein will result in any particular tax consequence. The Private Placement Markets Participants should conduct their own due diligence, not rely on the financial assumptions or estimates displayed on this Website, and are encouraged to consult with their own financial advisor, attorney, accountant, and any other professional that can help you / them to understand and assess the risks associated with any Private Placement Debt Lending / Investment Opportunity.

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