Carlton Advisory Services, a New York-based loan sale adviser, has been selected by an undisclosed institutional seller to market $141 million of performing residential mortgages.The loans are backed by properties in the United States and are primarily jumbo fixed-rate first mortgages. Preliminary bids are due Dec. 2 and final bids are due Dec. 18. Carlton can be found online at http://www.carltongroup.com.
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Properties outside flood zones carry outsized risk without insurance but client education and proactive solicitation before a storm can decrease serious delinquencies.
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Earlier in the day, the company confirmed it made staffing reductions as it aligns its cost structure with its technology investments to help operations.
July 29 -
Federal Reserve Chair Kevin Warsh acknowledged that his limited guidance might have been a factor in rising market rates, but said whatever increased volatility can be attributed to the changes is more than offset by the benefit of a more nimble central bank.
July 29 -
While buyers' leverage now spans 41 of the 50 largest metros, starter-home sales fell 5.4% amid affordability concerns.
July 29 -
Economic uncertainty is turning into 2026's defining theme that dictates housing market trends, according to over one-third of lenders surveyed by HomeLight.
July 29 -
The approvals expand BSI's ability to support Ginnie Mae-backed digital mortgage assets across securitization and servicing, the company said.
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