Many originators worry that the recently announced entry of RE/MAX into the mortgage space will stifle competition and ultimately hurt borrowers
Big banks are about to pay for Wells Fargo’s bad behavior, as regulators prepare to review sales practices and even talk to employees to make sure other institutions aren’t engaging in similar misdeeds
Many States such as Nevada, Arizona, and even Utah are imposing stiff fines for paying broker fees on residential hard money loans.
In today’s lending environment, a loan from your friendly banker on an investment property is nearly impossible to get. Many investors have held onto their income-producing investment properties through the meltdown in real estate.
In my last article, I walked you through the second step of my seven steps for building a strong, profitable partnership with top-producing Realtors.
California, which has been called the “epicenter” of the foreclosure and mortgage crisis by Attorney General Kamala Harris, was one of the states hardest hit by the economic meltdown and real estate crash brought on by the latest financial crisis. According to a recent report, in 2011, seven of the nation’s ten cities hardest hit by foreclosure were in California.