1 Articles match "Cleveland","Originate","Sales"
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New York Versus Freddie Mac: Round One
You can guess what happens next: No subprime loans, no high cost loans, no buyers, no sales. Most importantly in the eyes of Freddie Mac and other weary mortgage buyers are provisions in the law which say that mortgage investors — not just loan officers or local lenders — are liable for improperly originated loans. Holding mortgage investors responsible for the sins of mortgage originators sounds good — at least in theory. 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
You can guess what happens next: No subprime loans, no high cost loans, no buyers, no sales. Most importantly in the eyes of Freddie Mac and other weary mortgage buyers are provisions in the law which say that mortgage investors — not just loan officers or local lenders — are liable for improperly originated loans. Holding mortgage investors responsible for the sins of mortgage originators sounds good — at least in theory. 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