What Do Subprime Securitization Contracts Actually Say About …
“scratch–and-dent,” “blemished-credit” or the like. (2) Home equity loans. Here the governing criterion was not getting mortgage modifications because of who securitized their loans. This does seem … Fetch Full Source
Issue #1: November, 2007 – Irvine General Practice Attorneys …
To REOs, purchasing "scratch and dent" notes and purchasing pools of loans from lenders who either are out of business or will discount a package of their mortgage pool: (1) a private offering and (2) a public offering. Private Offerings … Read Here
Automation Is The Answer
Mortgage Bankers Association. This is partly because private investors — to which to the scratch–and-dent market, at a poten-tial value of 85 cents to 90 cents on the dol-lar. On a $200,000 loan, that equates to a $20,000 to $30,000 loss. … Get Content Here
The Subprime Lending Industry: A Look At The Restructuring Of …
Such retained loans are known in the industry as “scratch and dent” loans. In the case of mortgage loans originated under a line of credit, the mortgage loan would Mortgage lenders typically engage in “interim servicing” during the … Doc Viewer
American Dialect Society 2007 Words Of The Year Nominations
scratch and dent loan A loan or mortgage that has become a risky debt investment, especially one secured with minimal documentation or made by a borrower who has missed payments. subprime Used to describe a risky or poorly documented loan or mortgage. … Retrieve Doc
HUNTINGTON
Collecting so called “scratch and dent” and subprime first mortgage and second mortgage loans throughout the U.S. By the time of the merger in mid-year, Mortgage banking 29,804 (11,687) (28.2) 41,491 13,158 46.4 28,333 26,786 58,180 … Content Retrieval
Womble Carlyle Financial Services Focus: Mortgage Lending In …
Mortgage lending regulation always has been important to us, not just because of recent media attention. • Representing a major debt buyer in the acquisition and servicing of “scratch–and-dent” portfolios of residential mortgage loans. … Get Content Here
Cv- 44 3
Franklin Credit refers to the types ofloans it makes in the sub-prime residential mortgage loan market as "scratch and dent" loans. Franklin Credit and its affiliates accounted for 814761v31010571 7. Case2:08-cv-00443-JLG-TPK Document2 Filed 05/07/2008 Page8 of31 … Content Retrieval
COUNTRYWIDE CAPITAL MARKETS – S Colombatto, Writer / Producer …
Scratch and dent Non-performing Sub-performing Document defi cient Mortgage insurance (LPMI and PMI) evaluation and allocation Rating agency alignment with specific collateral allocation Arbitrage from different rating agency splits … Document Retrieval
August 05, 2010 By BJ Bounds
mortgage customers after closing, breaking a perceived bond. But to take the same bonding e˚ciency beyond closing is as simple as using the right technology. with the “scratch–and-dent” process of turning around non-performing loans. … Return Doc
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Can get scratch and dent HVAC with full guarantee HVAC Mortgage Washington Mutual Spectrum Mortgage Trever E Barrett 480-505-7500 Mortgage Commercial The Madison Group Jeff Meierhofer 435-785-8350 jeffmeierhofer@yahoo.com Rita Erickson-received email 435-785-8353 … Retrieve Here
Rick Tom, Et Al. V. Huntington Bancshares, Inc., Et Al. 08-CV …
Capitalize on Franklin Credit's experience in evaluating and servicing "scratch and dent" residential mortgage loans and to originate primarily non-prime residential mortgage loans to individuals whose documentation, credit histories, income and other factors cause them to be … Read Full Source
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