Bankruptcy Commercial Loans 
Housing Wire
MARCH 30, 2025
However, the data references Freddie Mac ‘s Serious Delinquency levels on multifamily loans. These loans pertain to multifamily mortgages, which are used for commercial properties with five or more units, such as apartment buildings. Also, the foreclosure and bankruptcy data isnt even back to pre-COVID-19 levels.
Housing Wire
OCTOBER 12, 2023
Bankrupt retail lender AmeriFirst Financial is seeking approval for a private sale of loans from a Delaware bankruptcy judge to pay off two warehouse lenders and fund restructuring costs. If approved, AmeriFirst’s retail and commercial loans worth more than $5 million will be sold to a non-QM lender Oaktree Funding Corp.,
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Housing Wire
NOVEMBER 21, 2022
FGMC) , controlled by global investment management firm PIMCO, filed for Chapter 11 bankruptcy protection in June. Stronghill, however, is no stranger to the non-agency and investor loan space. . Now, business owners can also apply for a mortgage loan as an individual. First Guaranty Mortgage Corp. The question is: why? .
Housing Wire
AUGUST 9, 2022
billion in assets, has a diverse portfolio of residential and commercial real estate assets. A closer look at WMC’s books, however, shows that as of June 30 its residential whole loan portfolio, nearly all of which is comprised of non-QM loans, was underwater by some $44 million. WMC, with some $2.8 The dreaded discount.
Housing Wire
AUGUST 11, 2022
a real estate investment trust (REIT) based in Mill Valley California that has residential operations focused on nonagency jumbo loans, recently reported a second-quarter 2022 net loss of $100 million, after recording a net gain of $31 million in the prior quarter. Redwood Trust Inc. , Likewise, Atlanta-based A ngel Oak Mortgage Inc. ,
Housing Wire
OCTOBER 12, 2023
Within mortgage companies, even those that have huge scale versus small scale, they’re offering really the same borrower experience and the same loan officer experience. Obviously, they’ve got some different systems to handle hundreds of loans a month versus thousands or tens of thousands. SW: How do you fix that?
Housing Wire
JUNE 28, 2021
He started contracting with home mortgage lenders to appraise the value of the property tied to a loan. “It Appraisers would overvalue homes, and lenders would then originate loans, knowing mortgages would be ushered to their seats by government-sponsored enterprises Fannie Mae and Freddie Mac. It fit well. Rickard never got paid.
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