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...
Rumors and Whispers Overheard at the Western Secondary

Rumors and Whispers Overheard at the Western Secondary

Each year, I am proud to participate — and oftentimes help coordinate — the Annual Western Secondary. This year marked the 43rd year of the event, and attendance was off the charts with 600 registered attendees and another 100+ there, but not registered! Some fly in...