Non-QM loan originations fell in 2016, but dollar volume was up. That’s because as banks back away from non-prime, other lenders are stepping up to fill the void
Non-prime is officially back. If you need proof, look no further than Citadel Servicing Corp.’s banner February
Citadel Servicing Corp. has introduced a new non-prime loan that cuts bank statement requirements in half
The mortgage bonds will be backed by $161.7 million in mortgages, from borrowers who have lower credit scores on average than prime borrowers
Rising interest from borrowers leads to the first RMBS rated by agency since 2008
1,000 employees, 48 states and 80 branches are all being ‘wound down'