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'
Three former traders have pleaded not guilty to charges of misleading investors by lying about mortgage bond prices
Billionaire John Grayken’s company is raising money to buy bonds mostly backed by borrowers with troubled credit histories