Sensible Solutions. We specialize in acquisition of flawed, scratch and dent, mortgage loans. New production or vintage, single loans or pools.
Having to deal with a car dent repair is a task most car owners have to deal with at one time or another. When your car has been dented, scratched, or scraped you need to decide whether you want to have the damage repaired by an auto body repair shop or whether you can repair the damage yourself.
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Mid America’s Whole Loan Trading Group has added this product to its “Scratch and Dent” program. To be eligible, the loans must have a VA guaranty and be performing. This complements Mid America’s.
PennyMac Mortgage (NYSE: PMT) is a REIT that invests primarily in residential mortgage loans. The company buys so-called “scratch-and-dent” mortgages, where the homeowner has missed payments, or the.
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A key guiding principle for lenders to be aware of in the scratch-and-dent space is that once a loan is identified as a "problem" and it is further determined that one needs to sell the loan into the secondary market, please provide as much information as possible in a bid tape that captures the loan data points.
Scratch-and-dent bond issuance far outpaces other non-agency categories Source: SIFMA, ICE Data Pricing & Reference Data, LLC. The majority of the underlying re-performing loans have already been chan. What to do when your car is scratched or dented. When your car’s taken a hit it pays to get it repaired fast.
Lamphere played a critical role in Mid America’s acquisition of American Southwest Mortgage and the company’s recently announced partnership with Spectrum Mortgage Holdings to provide warehouse.
· Scratch and Dent Loans. Scott Carson June 22, 2017 Blog, The Note Closers Leave a Comment. On this episode, Scott explains scratch and dent loans how they work. Leave a Reply Cancel reply. Your email address will not be published. Required fields are marked *.
Even so, 30% of all car loans are for six years, according to J.D. Power and. loaner; free lifetime nitrogen Tire Refill; Free Scratch & Dent Repaired for Free .