0 minute read24/7 Wall St. took a look at the 10 banks foreclosing on the most homes. They found that these banks often don’t own the mortgages on the foreclosures themselves — they are servicing them on behalf of another institution. But the banks could still stand to lose money even if they don’t own the mortgages.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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Here’s why non-QM earned its place at the mortgage dinner table
The non-qualified mortgage market has experienced significant growth since its introduction nearly a decade ago. 10 years in, credit ratings agencies regularly release performance metrics for investors, which provide remarkable insight into this extremely versatile asset class.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
