1 Articles match "Cleveland","Electronic","Points"
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New York Versus Freddie Mac: Round One
An investor in Dubai, London or Hong Kong — or in San Diego, Orlando or Cleveland — has no way to oversee lenders in Poughkeepsie, Buffalo or Utica. These securities are like stock; they can be sold and re-sold worldwide with electronic speed. Brad German, the chief spokesman for Freddie Mac, said the new law lays out 20 specific requirements that brokers and lenders must adhere to when making new loans. “If any of the requirements New York Versus Freddie Mac: Round One By Peter G. Miller It’s fight time in New York.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
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New York Versus Freddie Mac: Round One
An investor in Dubai, London or Hong Kong — or in San Diego, Orlando or Cleveland — has no way to oversee lenders in Poughkeepsie, Buffalo or Utica. These securities are like stock; they can be sold and re-sold worldwide with electronic speed. Brad German, the chief spokesman for Freddie Mac, said the new law lays out 20 specific requirements that brokers and lenders must adhere to when making new loans. “If any of the requirements New York Versus Freddie Mac: Round One By Peter G. Miller It’s fight time in New York.
www.realtytrac.com
- Tuesday, February 3, 2009