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Pushing borrowers in unaffordable loans, aggressive Debt Collection driving up cost through hidden addons, overappraising home, all of these things. If you do nothing else, read this essay which i flat predict today, write it down, is going to win a pulitzer prize. I write it down. It has been suggested that lenders could not make a living were they held to eight points over prime. But thats not that doesnt square with reality what is reality . Take out the largest lender who averages seven points over prime, seven points over prime, average all the rest and it is 3. 8 over prime. Dont tell me lenders cant make a living in the manufactured home market unless theyre given 10 points over prime. Theyre making a living and in fact they could double it and still be approximately what the single largest does. This bill is about relaxing an awful lot of Consumer Protections a ....
Iron Title Expands in Oklahoma, Bolsters Executive Leadership Team streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Iron Title Expands in Oklahoma, Bolsters Executive Leadership Team insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
My notes from the MBA’s conference this week continue, including talk about new home sales being +4.1 percent for the month (+11 percent year over year, bringing a smile to builders everywhere). Although most of the focus of the conference was on the secondary markets (although let’s face it, there isn’t a plethora of new investors or products), the primary markets continue to be a discussion topic. Some lenders have seen LOs move into the broker world, some have seen them come back. The transition to being a broker is not always “rainbows and unicorns.” It appears to have better “top line” revenue but what about the “bottom line” when a shop has to pay for their own benefits, marketing, IT support, etc. (STRATMOR has a fine write up on the subject below.) Lenders continue to examine the branch model, whether it is traditional or P&L (revenue) based. The MBA defines an “expense management” ....
Iron Title Names Ana Villela-Murillo SVP, Expands Operations and Leadership Team streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.