Mortgage lenders are on the alert for a new type of fraud: borrowers who pretend that their primary residence is an investment property.
More From Asset Securitization Report
Franklin Templeton experts balance a higher-rate world and weigh midterm impacts
Professionals anticipate higher volatility in the near term, while examining the risks and opportunities amid rising interest rates, with a yearend view.
Balbec Capital leans toward multifamily as underwriting standards shift
Incentives structure and fewer losses drive commercial real estate collateralized loan obligation issuance over conduit commercial mortgage-backed securities.
By
John Hintze
FICO holds price for commitments as Pulte plans more action
FICO announced it will maintain its mortgage industry price for credit scores through tri-merge resellers at $10 for members of its Preferred Program.
Lenders should prepare for shifts in mortgage REIT demand
Single-family mortgage real-estate investment trusts in the market for home loan assets face hurdles and selectively taking on leverage to keep buying.
Market HELOCs at local level, not broadly, to be successful
In an increasingly competitive business segment, having the data to do targeted marketing at the neighborhood level will help home equity application conversion rates.
