15 Dec 2011
Arch Bay Capital, LLC, an investment firm specialising in the real estate and mortgage industries, is to begin testing Loan Value Group (LVG)’s Responsible Homeowner Reward® (RH Reward)® programme.
The programme aims to lower delinquency rates by rewarding on-time payments among some homeowners in its mortgage portfolio.
The programme aims to lower delinquency rates by rewarding on-time payments among some homeowners in its mortgage portfolio.
“RH Reward could be an important tool for Arch Bay as we strive to maximize returns for our investors.” said Robert Mattesky SVP, Capital Markets of Arch Bay Capital. “This new and innovative programme will also allow us to provide homeowners the opportunity to be rewarded for remaining current, modifying or refinancing their mortgage.”
