Posts in Category: Uncategorized

CPR Affecting Scratch and Dent Loans

CPR Affecting Scratch and Dent Loans: Last month, this blog suggested to liquidate all scratch and dent loans quickly and not to pool them with market conditions in mind. Right House Capital is doubling down on this recommendation due to “Conditional Prepayment Rate” or CPR.  So how is CPR Affecting Scratch and Dent Loans? What […]

Don’t wait to sell Scratch and Dent Mortgage Loans in this market

Don’t Wait to Sell S&D: Should you wait to sell your Scratch and Dent Mortgage Loans in this market? Mortgage providers can have different strategies on how to liquidate scratch and dent loans. Some mortgage companies try to hold them until they get a good quantity and market a pool of loans in order to […]

Rock & Hard Place for Scratch and Dent Mortgage

Rock and Hard Place – Scratch and Dent Mortgages: The US economy is struggling.  It has the highest inflation in 40 years.  This has affected the scratch and dent niche within the mortgage industry. Simply put, we are between a rock and a hard place for Scratch and Dent mortgage loans.  The Federal Open Market […]

Inflation on Scratch and Dent Loans

Inflation on Scratch and Dent Loans: Due to inflation, higher energy costs and the Russia/Ukraine war, the United States economy has taken a downturn. Business sectors are negatively affected by this and our Scratch and Dent Niche within the mortgage industry is no different.  This leads to inflation on Scratch and Dent Loans. When inflation […]

Scratch and Dent Mortgage – One Stop Shop

One Stop Shop: Finding the right buyer on the secondary mortgage market for each problem loan that you come across can be a daunting task.  Right House Capital is here to simplify the process for you.  Our model, developed over the last 10 years, has created a truly unique one stop shop for Scratch and […]

Scratch and Dent Relationships

Relationships: Right House Capital strives to create long-lasting and on-going scratch and dent relationships with its clients.  Whether the client is a mortgage company or bank, RHC is not looking to liquidate just one loan. Right House wants to impress its clients.  We do this by providing a quality product that creates trust for any […]

Communication – Scratch and Dent Mortgage

Communication: Right House Capital is all about service.  Our goal is to make the loan sale as easy as possible.  There are many things RHC does to produce a seamless and transparent liquidation process of an unsaleable loan such as knowing buyers’ appetites, when to push for a better price and to expedite the due […]

Good Time for Selling Scratch and Dent Loans

Good Time for Selling Scratch and Dent Loans: Selling Scratch and Dent Loans for a loss on the secondary market is never a good thing.  However, taking the loss at the right time can be a good and prudent decision but circumstances need to dictate that choice.  The mortgage provider’s financial outlook obviously needs to […]

SLWs Improve Scratch & Dent Prices

SLWs Improve Scratch & Dent Prices: SLWs Improve Scratch & Dent Prices. There are numerous mortgage companies that sell their loans directly to Fannie Mae and Freddie Mac.  For mortgage providers who do not sell directly to the agencies, their investors are usually direct.  One might think there is an even playing field as the […]

Overlays/Guidelines Produce Scratch & Dent Loans

Introduction:  Overlays/Guidelines Produce Scratch & Dent Loans: Overlays/Guidelines Produce Scratch & Dent Loans: There are so many ways a good loan with a good borrower who pays regularly can still end up as a Scratch and Dent loan due to the amount of overlays and guidelines that must be satisfied.  A loan can become an […]