Wholesale non-QM lender June Point Lending has expanded its debt-service-coverage-ratio mortgage program to California, bringing its DSCR offering to 19 states and adding one of the country’s largest mortgage markets to its footprint.The company announced the...
Ameritrust Mortgage Corp. has taken an alleged Baltimore investment-property fraud scheme to federal court, accusing a long list of borrowers, brokers, title-related businesses and other defendants of participating in transactions tied to roughly 90 loans that the...