The impairment rate on securitized non-qualified mortgages rose sharply in August. The increase can largely be explained by the month ending on a Sunday, according to dv01.
Constructive Capital is posting below average delinquency rates on mortgages for investment properties while offering more lenient underwriting than the industry average.
Prices for luxury homes break from overall trend; The Mortgage Calculator launches asset depletion and asset utilization mortgage program; Planet Financial Group appoints Tim Fisher as senior vice president of non-agency lending.
About a week before FHA’s updated loss-mitigation waterfall went into effect, the agency issued several changes. However, servicers have additional time to incorporate the new updates.