The fast-growing non-agency lender has received a level 3 rating from Fitch
Angel Oak Mortgage Solutions, one of the country’s top nonprime lenders, is holding a free webinar to address how loan officers can find and help millions of non-QM borrowers
An investment firm plans to invest more than $300 million in home loans made to U.S. borrowers with poor credit.
The national mortgage delinquency rate is below 4% for the first time in years, but originations have also declined significantly
Private money loans, also called hard money loans or bridge loans, are still the top choice for real estate investors in the wake of the bank meltdown of 2008 and 2009. Many real estate investors have marks on their credit after the real estate crisis and can no longer qualify at the bank. Hard money loans have allowed these investors to get back into the real estate game again and start hitting.
The wholesale market is due for a significant increase in the near future, an industry executive has said
With the end of the blissful go-go days of an ever-rising housing market and ever-prime mortgages, the notion of risk has become our close companion.
As most people in the mortgage lending industry well know, the Dodd-Frank and the Consumer Protection Act have made it even more difficult for consumers to obtain loans by trying to “protect” them.