PennyMac’s residential investment property funding platform is preparing its sixth issuance of the year, selling $423,167 million to investors through the PMT Loan Trust 2026-INV6. Processing Content A June 23 closing date is expected for the deal, which offers a series of exchangeable, class A and B notes, which will pay coupons ranging from 6.00% […]

The higher rate of arrears and post-pandemic rule changes impacting government loans present operational hurdles that collectively represent an occasion to rise to, according to LoanCare President Dave Worrall. Processing Content “Government loans are a great opportunity to keep a default management organization well exercised and ready,” he said in a recent interview. As a

I launched a condo conversion community recently. Units priced between $90,000 and $140,000. Sold six in the first week. Five of the six were seller-financed. Not because the buyers preferred it. Because conventional lenders couldn’t touch them. FHA couldn’t touch them. These were people with real income, real savings and no path to a mortgage.