Scratch and Dent Market Coming Back – COVID-19
COVID-19 has negatively affected the Scratch and Dent industry over the last 2.5 quarters. Scratch and Dent buyers have scrambled to eliminate risk associated with the pandemic. Buyers were concerned with unemployment numbers, forbearance requests and potential mortgage delinquency. Right House Capital saw buyers seize purchasing activities altogether, tighten parameters, add overlays and lower pricing […]