2017 Mortgage Bankers Association Convention Recap

2017 Mortgage Bankers Association Convention Recap

The residential mortgage finance industry converged in Denver Oct. 22-25 for the Mortgage Bankers Association annual convention. The good news is that lenders are having a good production year and profitability, in general, is strong. Of course, mortgage lending is...
Scratch and Dent Loan Market

Scratch and Dent Loan Market

With the recent agency position change regarding a “zero-defect policy,” one would have thought that would be the end of scratch-and-dent loans sold into the secondary market. However, that is NOT the case. As a matter of fact, some of the scratch-and-dent...