Loan Simple wants to change the paradigm for originator compensation
With more than $200 million in originations last month, Citadel is bringing non-prime back to the forefront
(Bloomberg) -- Wells Fargo & Co., the largest U.S. mortgage lender, said it will stop funding loans originated and sold by independent mortgage brokers after settling a federal fair-lending investigation.
As housing professionals, we are accustomed to working in silos. As Realtors, we focus on our channels of business and don’t give much thought to other members of the professional housing community.
As real estate agents, the goal is simple: to sell your client’s home for the best possible price. You use all of the tools at your disposal to make a sale, from learning all about the market to fighting to get your client’s asking price met. You work every day to assure that your client’s needs are being met. Unfortunately, your clients might not grant you the same courtesy.