The First Circuit found Friday that Massachusetts borrowers may challenge the transfer of mortgages even as it affirmed a lower court’s ruling that a loan servicing company was right in foreclosing the home of a borrower in default even though it had received the title to the mortgage from another party, Law360 reports.
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