Posts Tagged ‘mortgage banking’

SAY WATT? Fannie & Freddie Encourages Sub-Prime Lending, Can Mean Only 3% Down

SAY WATT? Fannie & Freddie Encourages Sub-Prime Lending, Can Mean Only 3% Down

FHFA director Mel Watt, not ironically speaking while in Las Vegas, offered government’s desperate response to help housing… the only thing they can think of to do at this point. ... (Continue reading)

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California Court Rules: MERS Cant Foreclose, Citibank Cant Collect

California Court Rules: MERS Cant Foreclose, Citibank Cant Collect

This decision means that if a foreclosing party in California, that is not the original lender, claims that payment is due under the note, and that they have the right to foreclose on the basis of a MERS assignment, they’re... (Continue reading)


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