Moody’s rating new REO-to-rental securitization

Posted by & filed under Stockton Real Estate.

Moody’s Investors Service assigned provisional ratings to four classes of certificates backed by one floating rate loan secured by mortgages on 3,399 single-family rental properties owned by the Colony American Homes 2014-1 securitization. …read more

Can the mortgage industry talk about technology please?

Posted by & filed under Stockton Real Estate.

Instead of worrying about the points and fees on a $100,000 loan, the unequal treatment third party fees, or mortgage insurance requirements at this conference, let’s talk about how advances in technology enable a lender to meet these requirements, even if two separate regulations oppose each other. …read more