For mortgage investors, reperforming loans are considered risky – much like subprime loans.They fall into a category known as "scratch-and-dent" loans. Rating agencies look at a borrower’s.
Low rates not only have a positive impact on origination pipelines, they also translate into improved bids on Scratch and Dent loans. mid america mortgage’s Whole Loan Trade Desk continues to help.
Non QM Mortgage Loans Non-QM loans can have higher mortgage rates than a 30-year, fixed-rate mortgage. "Spreads can be as little as .25 percent and as much as 5 percent, depending on the terms of the transaction and.
Anything from a car accident to just backing into a pole can leave a dent in your plastic bumper. An auto body shop can fix it, but why spend hundreds when you can easily do it yourself? By following the steps below, you can remove and repair unsightly dents in your plastic fender, and get your car.
Used appliance stores or scratch and dent appliance stores are great for finding deals. Here are used appliance stores near you and online.
At this time, Scratch only services personal and student loans – but there are plans to expand to mortgages. Now that doesn’t yet make a dent in the 13 trillion of household debt out there, but we.
How To Deal With Scratch & Dent While some scratch and dent loans may be current and making their monthly payments, they still present a unique set of servicing challenges. W ith the current interest-rate environment causing a slow-ing of the refinancing boom, and with more originators entering the world of subprime lending, many
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Nautilus Capital – a "scratch and dent" broker that we use to unload loans that won’t be purchased once closed from our investors due to defects or other issues sent this email out to its sellers today. Here it is in its entirety: Scratch & Dent Loan Pricing Will Continue to Decline