Select Portfolio Servicing continued its reign as the top nonprime mortgage servicer with an estimated $162.0 billion portfolio as of the end of March.
A&D Mortgage increases loan limits for foreign national loans; Invictus Capital Partners starts loan-selling business for insurance companies; Dunmor adds two new executives.
Harris Trifon, a partner and portfolio manager at Lord Abbett, an investment management company, said non-QM delinquencies are not “raising alarm bells” for him.