Non-qualified mortgage loans, by their nature, have risks not commonly seen in conforming underwriting. Processing Content To meet those needs, RiskSpan launched Credit Model 7.1 last week. It works alongside RiskSpan’s existing non-QM prepayment model, which predicts how fast borrowers pay off their loans. Together, the two models let clients estimate both credit risk and […]
RiskSpan launches new credit model for non-QM loans Read More »
For nearly two decades, consumers have had the ability to answer one of life’s biggest financial questions almost instantly: “What is my home worth?” Today, millions of homeowners monitor their home’s estimated value almost as closely as they monitor their investment portfolios. Anyone who has spent a career in real estate has likely had countless
AI is Changing Home Value Estimates Beyond Zestimate Read More »
The pandemic wrought financial havoc across the economy, but its impact on the housing market was significantly reduced due to a whole-of-government response that enabled millions of families to stay in their homes. The rapid deployment of forbearance, the ability to pause mortgage payments and a slew of new options to modify distressed mortgages provided
Housing Downturn Risk Grows for Mortgage Servicers Read More »