A small portfolio of agency home loans that have been kicked by aggregators is available for sale from a non-bank originator.
The offering includes 18 whole loans that have been underwritten to agency guidelines. The collective unpaid principal balance is $6.3 million.
Included in the portfolio are conventional mortgages, insured loans and uninsured government mortgages. California, Florida and New York are the top states for property locations.
Source: Mortgage Daily