Lenders wrestle with the nuances of modern credit score pricing
Mortgage lenders are currently wrestling with a high-stakes puzzle: how to accurately compare the new credit score models hitting the market. The differences are significant and carry major implications for risk assessment, loan pricing and secondary market returns. In late April, the Federal Housin
Fewer sellers cutting prices as spring buyers return
The share of sellers dropping their asking price fell in April as buyer demand picked up, though Sun Belt markets — especially in Texas — still saw widespread price cuts.
Redwood Trust adds debt to fund growth in mortgage channels
The real estate investment trust, while reporting a first quarter net loss, benefitted from growth and stable margins in its three mortgage production units.
Pamela Heman
Phone:+1(816) 810-5001