First RMBS issuance creates a revolving outlet for bridge, renovation, and construction loans sourced through Castlelake-backed Resfin
Castlelake has priced its first residential mortgage-backed securities issuance, a $261.3 million transaction backed by residential transition loans, or RTLs. The deal comes four months after the alternative investment manager acquired majority ownership of Resfin Partners, ...
Median reported equity ranged from $130,000 to $425,000, giving loan originators a state-level view of borrowers’ potential second-lien capacity
America’s housing wealth may be measured in the trillions, but the home equity opportunity confronting loan originators differs sharply from one state to another.Home equity shoppers in Hawaii reported median equity of $425,000 during the first quarter, more than three times...
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