Foreclosure starts also increased by over 19% between October and November but remain below pre-pandemic levels.
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The overall share of distressed mortgages fell in every state, but the effects of Hurricane Ian led to a small uptick in early-stage late payments compared to one year ago, CoreLogic said.
December 28 -
A portfolio of 669 newly originated, seasoned and performing line of credit loans will secure the transaction's mortgage-backed notes.
December 28 -
Horizon Technology Finance's Daniel Trolio discusses market strengths, growth challenges, and why Horizon sticks to tried and true capital partners.
December 27 -
Kindred Home Loans will serve buyers of properties in Dallas and San Antonio markets.
December 27 -
Consumer advocates urged a district court to dismiss a lawsuit against the Consumer Financial Protection Bureau, alleging that discrimination is an "unfair," practice under the Dodd-Frank Act.
December 23
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The asset manager is raising $372 million, and managing a portfolio with higher than average rates of turnover and overlap in collateral composition.
December 23 -
The consensus calls for shrinking collateralized loan obligation volume in 2023, but rewards are said to outweigh the risks.
December 23 -
Foreclosure starts also increased by over 19% between October and November but remain below pre-pandemic levels.
December 22 -
The partnership will expand UHM reach to new markets in Florida, Michigan, Ohio, North Carolina and California.
December 22 -
The U.S. government's carbon transition policies will boost ABS-backed green building improvements, hardening of properties against climate risks, and electric vehicle purchases.
December 22 -
Loans with payments late by a year or more were the biggest sub-category within the distressed portfolios a year ago, but now mortgages that've been late for 30-59 days are.
December 21 -
Though EFMT is considered non-prime, its mortgage borrowers have a WA original credit score of 737; an LTV of 71.0%; and a debt to income ratio of 33.1%.
December 21

















