What is Recasting of a Loan when in a Non-Qm Portfolio Blanket Loan? Recasting a loan—sometimes called loan reamortization—involves recalculating the monthly mortgage payment based on a significant lump sum payment toward the principal balance. It's different from refi...

What is Recasting of a Loan when in a Non-Qm Portfolio Blanket Loan?
 
Recasting a loan in a Non-QM Portfolio Blanket Loan involves recalculating the monthly
 
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