Rhonda, "Markets make better decisions than government. Markets will punish. Markets will reward and markets will eventually stabilize". That is…
On Ben Bernanke faces the Joint Economic Committee
The only amendment that matters is the one that bars YSP. If that stays in the bill it spells the…
On HR 3915 Amendments and NAMBs Call to Action
Jillayne, your response is too simple and not that easy. There are not that many correspondent lenders around...I can only…
On Tuesday spells possible trouble for the mortgage industry: HR 3915
Hi there Mike, I've been in the business for 25 years. YSP has been abused for many years. If it…
On Tuesday spells possible trouble for the mortgage industry: HR 3915
Jill is obviously not in the business or maybe just being smart. Banks are immune from the law, so it…
On Tuesday spells possible trouble for the mortgage industry: HR 3915
hopefully in december the new fha guidelines will bring the new loan amounts to 700k. that will really help out…
On Can I get approved for a 400,000 home loan with a 600 credit score?
I don't think the bill will put brokers out of business. If YSPs go away, the method of how brokers/LOs…
On Tuesday spells possible trouble for the mortgage industry: HR 3915
We are teaching a continuing ed class right now on the informed consent doctrine. Mostly, this class attracts brokers but…
On Tuesday spells possible trouble for the mortgage industry: HR 3915
It won't prevent consumers from wanting to refi; it will prevent many loan originators from providing a refinance out of…
On Tuesday spells possible trouble for the mortgage industry: HR 3915
We could probably come up with a list of 100 good reasons for a refi where the borrower received a…
On Tuesday spells possible trouble for the mortgage industry: HR 3915