How the PLS market is making money on delinquent loans 

Jun 3, 2022 |

Lakeview Loan Servicing unveiled a rare private-label securities offering this past March involving a pool of mostly delinquent mortgages serviced by the company. The loans in the offering were all originated through the Federal Housing Administration (FHA) and later securitized through Ginnie Mae. At the time, it was only the fourth such private label securities (PLS) offering of […more]

Posted in: San Francisco

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