National Mortgage News-
There’s no shortage of banks making large mortgages to borrowers with pristine credit and plenty of liquid assets. Yet very few of these loans get bundled into collateral for mortgage bonds, putting them in the hands of capital markets investors.
Contrast this with loans to borrowers with shaky or damaged credit, which many lenders are reluctant to make, but which are far more likely to be securitized.
Overall, mortgage loan originations remained steady in the second quarter, with one- to four-family home originations up 4.5% from the prior quarter, according to the Mortgage Bankers Association.
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.