Asset-backed investments can provide excellent returns and reduced risk if sourced, priced, and managed effectively.
Read More »Unlocking Homeownership Potential
Rick Sharga, EVP, Carrington Mortgage Holdings spoke to MReport on how Carrington is helping this set of borrowers achieve their dream of homeownership and the difference between non-prime loans and the subprime loans issued prior to the Great Recession.
Read More »MountainView Brings $97.4 Million Residential Whole Loan Pool to Market
MountainView Financial Solutions, a Situs company and an advisor to the financial services industry, announced its role as the exclusive sale advisor for a pool of 1,667 first- ...
Read More »Fannie Mae’s Portfolio Gets a Little Less Delinquent
Wall Street has figured in another billion-plus dollar non-performing loan (NPL) sale for one of the GSEs.
Read More »Fannie Mae to Auction Loan Bundle Worth $786 Million in First Bulk NPL Sale
Bidders must meet qualifications set forth by FHFA. In early March, FHFA issued enhanced requirements for the buyers and servicers of Agency non-performing loans that call for bidders to identify servicing partners at the time of qualification and complete a questionnaire to demonstrate a record of successful loan resolution through foreclosure alternatives, since many of the loans being sold in these portfolios are deeply delinquent – two years or more delinquent in some cases.
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