Bond rating agencies and a top nonprime lender say that nonprime and non-QM loans are set to come back in a big way this year
Angel Oak has become one of the industry’s first nonprime originators to be reviewed by ratings agencies after on-site examinations by both DBRS and Fitch
Credit unions are proving that they are more than just a flavor of the week, as those looking for mortgage loans are turning to them in greater numbers
The mortgage game can be a complex arena fraught with difficulties; and the number one hurdle most people have trouble clearing is an all-too-common one: credit, or a lack thereof.
Daily Market Update: Filming is underway for a new movie based on Michael Lewis’ best-selling novel about the mortgage crisis... Super rich love U.S. property… Lack of supply makes buyers impulsive…Rosie O’Donnell lists Florida property in her real estate sell-off…
Unlike the risky subprime mortgages before the financial crisis, these new products have stricter regulations and are under a different name.
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