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Tag Archives: Non-Prime

RMBS in 2019

A report looked at the opportunities and headwinds in the residential mortgage-backed securities market and here’s what it projected for these securities in 2019.

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How Do Non-prime Loans Help Underserved Borrowers?

Underserved Borrowers

Rick Sharga, EVP, Carrington Holdings explains the key difference between the subprime loans issued prior to the Great Recession that led to defaults and today’s non-prime loan products that are unlocking homeownership potential for underserved borrowers.

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Interesting Trends in Forbearance

As borrowers continue to make payments on time, the first quarter saw serious delinquencies shrinking for the 19th consecutive quarter. Here’s what impacted this otherwise declining trend.

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Nonprime Market Sees New Entrant

In an effort to give greater attention to what the company says is an “underserved” market, Carrington Mortgage Services announced Monday its intent to put a tighter focus on borrowers with credit scores in the sub-640 range.

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