A report from Reuters says that the offering will be called WIN 2014-1 and that the deal is a private 144A offering. Reuters also reports that the pool of loans will have an average FICO score of 760 and that the loans carry a 71% loan-to-value.
Springboard Nonprofit Consumer Credit Management, Inc. is expanding services available for home-loan borrowers who need help with recent or upcoming increases on their Home Equity Line of Credit or second mortgage payments.
People are listening to real estate economists today in a way that anyone who covered the industry a decade or more ago would not recognize. Smoke is one of the members of this new wave of real estate economists. In fact, Smoke is actually the newest one on the block. The upstart economists at places like Trulia and Zillow are still new, Smoke is just the latest player to join the game..