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 […]
HOMES platform raises $445.35 on latest RMBS Read More »
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
Mortgage Rates Remain Almost Perfectly Flat Read More »
The newest board member at PennyMac Financial Services is an expert in enterprise artificial intelligence. Processing Content Tiffany To is the CEO and co-founder of AI and operational intelligence software company Ontollo. “She has spent her career at the forefront of AI and business transformation, building products, leading organizations, and helping enterprises turn technology into
AI technology expert Tiffany To joins Pennymac’s board Read More »