This is why millennials need a new credit scoring system

This is why millennials need a new credit scoring system

Turns out they WANT credit, but just can't GET credit

Meet our incredible 2015 Women of Influence

Announcing 40 leaders driving the housing economy

CFPB to mortgage industry: Get out of MSAs

Industry calls move regulation by enforcement
W S

Items Tagged with 'delinquent mortgage'

ARTICLES

Freddie Mac selling $233 million pool of Ocwen-serviced loans

Non-performing loans are “deeply delinquent”
Freddie Mac announced Tuesday that it is preparing to auction off a $233 million pool of non-performing loans, which are serviced by Ocwen Financial, which said in December that it plans to exit agency servicing entirely. Is Freddie Mac done with Ocwen too?
Read More

Fitch: GSE non-performing loan sales will help banks too

Fannie and Freddie sales could spur NPL market
The recent push by Fannie Mae and Freddie Mac to offload pools of non-performing loans could help more than just the GSEs, according to a new report from Fitch Ratings. The non-performing loan market could be poised for a surge.
Read More

Starwood Waypoint just grew its non-performing loan holdings

REIT purchased $268.3 million in NPLs in third quarter
"We were able to execute a complex transaction for the purchase of a unique portfolio which involved collapsing the seller’s securitization, paying off two mezzanine notes and partially paying down the seller’s debt facility," Brendan Brogan, senior vice president of acquisitions at Starwood Capital, said.
Read More

Default mortgage demand heats up

Hedge funds surge as delinquent loan sales rise
Sales of delinquent mortgages are increasing as lenders are rushing to meet demand from hedge funds and private-equity firms, causing prices to surge.
Read More