Cerberus Preps First Reperforming RMBS of the Year

Cerberus Preps First Reperforming RMBS of the Year

Towd Point Mortgage Trust 2017-1 is backed by 11,459 seasoned performing and reperforming mortgages with a total balance of approximately $2.1
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Tags: 2016 Elections | Trump | Mortgage applications | Home Loan Demand | rates

Mortgage applications decreased 3.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA). A plunge in
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Change at Prosper as Online Lender Selects Usama Ashraf as New CFO

Prosper Marketplace has appointed Usama Ashraf as its new Chief Financial Officer. Ashraf will be overseeing the online lenders capital markets
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Public Lending Right (PLR)

The Act enables the Minister for the Environment, Heritage and Local Government to establish a Public Lending Remuneration scheme.
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Western Asset Mortgage Capital Corporation (WMC) Given Consensus Rating of "Hold" by …

Western Asset Mortgage Capital Corporation (NYSE:WMC) has been given a … commercial mortgage-backed securities (CMBS), and Whole-Loans.
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Budget 2017: Recapitalisation of banks will boost their lending capacity, says Arundhati Bhattacharya

Hence, the focus on agriculture has continued with emphasis on agri-lending, agriculture insurance and implementation of core banking solutions in
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SoFi moves beyond lending with acquisition of mobile banking startup Zenbanx

Online lender SoFi is stepping up its efforts to take on America's banks by buying fellow fintech player Zenbanx, enabling it to offer checking accounts,
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Invitation Homes goes public, raises $1.54 billion

After months of rumors, Invitation Homes, Blackstone Group's single-family rental operator, finally went public on Tuesday, raising more than $1.5
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NAR: There are real and imaginary barriers keeping Americans from homeownership

This week the homeownership rate barely moved from its 50-year low. Trulia's report was even more condemning: Millennials are losing hope that
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ADP predicts strongest jobs increase since June

The ADP National Employment Report predicts strong growth for January with the highest increase since June 2016. Private-sector employment is set
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Walker & Dunlop Acquires Commercial Originator Deerwood

Commercial real estate finance company Walker & Dunlop has acquired Deerwood Real Estate Capital, a commercial mortgage brokerage and
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CashCall pays $9.4 million in restitution to Virginians over lending scheme

“Online lenders are quickly becoming a new source of high-interest, financially risky loans,” said Attorney General Herring. “Unfortunately, like payday
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Trump Cuts Mortgage Aid to Home Buyers During First Day in Office

The FHA insures about 16 percent of new mortgages in the U.S. under a long-standing program to make home ownership more affordable for
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Chronos Solutions streamlines REO asset management for clients

In today's complex mortgage origination and servicing environment, lending companies need a service provider that isn't afraid to roll up its sleeves
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Equity REITs Vs. Mortgage REITs From The Perspective Of A Preferred Investor Part III

Contrary to equity REITs, mortgage REITS generally lend money to real estate buyers or acquiring existing mortgages or mortgage-backed securities
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CIMB Thai Bank aims to get jump on rivals with lending for used residences

With the proliferation of housing-project launches over the past five years, Onanong said used homes had not attracted much attention from lenders.
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CFPB Enforcement Action – Realtors Take Note About Referral Fees; GSE news; Jumbo Program …

The Consumer Financial Protection Bureau fined Prospect Mortgage, LLC, …. again and has an excellent opportunity for a National Sales Executive.
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Aldermore to look at lending into retirement market

He said: “I think lending into retirement is an underserved market. The population is aging and the regulator itself is looking to see more lending in that
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Housing Market Has 'Completely Recovered'

According to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, home prices increased by 5.6% annually in November.
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BoI tells banks to cooperate with mortgage consultants

The Bank of Israel is attempting to regulate the activity of external mortgage consultants used by banks, while the Antitrust Authority is investigating
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