Foreclosure pressure in the South is at its highest point since 2019, while the West’s housing market is thriving compared to the rest of the country, according to a new industry report. Processing Content “What our data is showing is essentially two housing markets inside one country,” said Matt Layton, senior vice president of consumer […]

APCA Resi 04B is preparing to sponsor a $445.3 million securitization of payments from a pool of residential non-prime loans, while including recently introduced senior first class flow (A-1FCF) and last cash flow (A-1LCF) tranches to the platform. Processing Content Those tranches enjoy the same level of credit enhancement, 24.70%, which also applies to the

There’s been remarkably little change in mortgage rates so far this week. Monday saw a modest increase vs Friday, but since then, there’s been essentially no change. Today’s rates were technically 0.01% lower than yesterday’s, but many lenders were perfectly unchanged. This is an acceptable result given the presence of high stakes economic data and